logo
Top Birmingham restaurant forced into major change due to 'ongoing price hikes'

Top Birmingham restaurant forced into major change due to 'ongoing price hikes'

Yahoo19-04-2025
A Stirchley restaurant renowned as being one of the best in the city has announced it will be cutting its opening hours 'to help ease the pressure' caused by 'ongoing price hikes'.
Eat Vietnam announced that it would be closing on Mondays for the next four weeks while it works to fight the growing impact of price hikes.
The news comes after April rises in National Living Wage and National Insurance.
Read more: Cast your vote as we search for the 'Best Cafe in Birmingham 2025'
Sign up to the Brum Food Club for weekly updates on our hospitality scene.
A fellow independent restaurant in Stirchley, Greidy Street, outlined last week how they were 'dodging the final nail in the coffin' by pushing prices up, adding that it had seen price hikes across meat, beer and packaging.
Eat Vietnam opened in Stirchley in 2019 and has built up a reputation as being one of the finest restaurants in Birmingham.
The Vietnamese eatery was shortlisted for Best Pan Asian Restaurant in the Deliveroo Restaurant Awards 2025 on the same day it announced cuts to its hours.
In a post online, the restaurant wrote: "Mondays off due to the ongoing price hikes impacting our business.
"We've decided to consolidate our workforce and hours to help ease the pressure. 14th, 21st, 28th and 5th off.
"Working Tuesday to Saturday usual hours.
"Apologies in advance. We will look at this again in a month's time and make adjustments as needed for the summer season."
Hospitality businesses across the region have been speaking on how price hikes are impacting their business.
When Michelin Guide Indian restaurant Asha's announced it had been given an award from the Indian government last week, general manager Nouman Farooqui told BirminghamLive that Asha's was also 'struggling' under the pressure of rising costs.
He said that despite the visits from top celebrities and the global acknowledgement for their work representing Indian flavours in Britain, things were 'tough'. Click here to read the full interview.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Catalyst and Forge Empowers India's Emerging Entrepreneurs with AI-Powered Business Systems
Catalyst and Forge Empowers India's Emerging Entrepreneurs with AI-Powered Business Systems

Time Business News

time2 hours ago

  • Time Business News

Catalyst and Forge Empowers India's Emerging Entrepreneurs with AI-Powered Business Systems

In a time when economic anxiety and job dissatisfaction are rising, Catalyst and Forge, aBengaluru-based startup, is helping Indians rethink income, independence, and entrepreneurship. Founded by Rakshith M Rajendra, an MBA from the U.S. and certified entrepreneur fromHarvard Business School, the platform blends 168 real-world business frameworks and 120+high-computation AI prompts to guide users from zero to building 6–7 figure income streams — without coding, funding, or an MBA. Learn more Whether you're a freelancer, solopreneur, homemaker, or a professional stuck in a 9-to-5 loop,CF provides execution-ready systems: AI funnels, CRM automations, monetization stacks,and zero-to-launch business playbooks — all tailored for Indian users.'Catalyst and Forge isn't just another course — it's a full-stack business blend of automation, frameworks, and coaching is exactly what India needs to scale digitally.' 'Catalyst and Forge stack should be THE GO-TO-APPROACH for Indians lookingto generate revenue at scale. The systems they offer are smart, structured, andscalable. In a world full of noise, this is a platform that actually helps you build and scale an online business, not just learn about one.' With India's digital economy projected to hit $1 trillion by 2030, CF is unlocking the new creator economy — one system at a time. TIME BUSINESS NEWS

India slams Trump's threat of tariffs over Russian oil purchases
India slams Trump's threat of tariffs over Russian oil purchases

The Hill

time4 hours ago

  • The Hill

India slams Trump's threat of tariffs over Russian oil purchases

India fired back at the United States after President Trump pledged to increase tariffs on New Delhi over the country's purchase of Russian oil. In a statement Monday, India's Ministry of External Affairs (MEA) said the purchase of Russian oil is a 'necessity' to 'ensure predictable and affordable energy costs' and was once 'encouraged' by the U.S. 'for strengthening global energy markets stability.' The MEA spokesperson further suggested the West is being hypocritical, pointing to trade that the European Union and the United States has continued to do since the war between Russia and Ukraine began. 'In this background, the targeting of India is unjustified and unreasonable,' the spokesperson said in the statement. 'Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,' it added. The pushback from India comes after Trump said on Monday he would raise tariffs on India for buying and selling oil from Moscow, arguing the country doesn't care about the Ukrainian casualties suffered at the hands of 'the Russian War Machine.' Trump did not specify the new tariff rate but said it would increase from the 25-percent tariff that the U.S. president said he would impose last month. 'India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,' Trump said on Truth Social. 'They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.' Trump previously vowed to hit India with a penalty for buying military equipment and energy from Russia amid the war in Ukraine. China is also a major importer of Russian oil, but has not faced the same threats from Trump. Trump in recent weeks has grown increasingly frustrated with Russian President Vladimir Putin and shortened the timeline for him to agree to a ceasefire in Ukraine to Aug. 8, at which point Trump has said he will impose 'secondary tariffs' of up to 100 percent on Russia's trading partners in a bid to isolate Moscow economically. India said it would continue buying oil from Moscow on Saturday. The Indian foreign ministry called the relationship with Russia 'steady and time-tested' and said its stance on security energy is guided by the availability of oil in the markets.

XXKK Exchange Expands Global Fiat Withdrawal Network: Launches Localized Services in India
XXKK Exchange Expands Global Fiat Withdrawal Network: Launches Localized Services in India

Business Insider

time6 hours ago

  • Business Insider

XXKK Exchange Expands Global Fiat Withdrawal Network: Launches Localized Services in India

This upgrade integrates UPI, IMPS, local wallets, and bank card channels, providing Indian users with fast deposits, instant withdrawals, and multi-fiat-to-crypto conversion services. XXKK Exchange, a leading global cryptocurrency trading platform, today announced the launch of its localized fiat deposit and withdrawal services in India. This upgrade fully integrates UPI, IMPS, Paytm Wallet, PhonePe Wallet, Mobikwik, RuPay cards, Visa/MasterCard, and NEFT bank transfers, aiming to provide Indian users with a safer, faster, and more compliant crypto trading experience while further expanding its influence in blockchain and digital finance. Comprehensive Integration of Indian Payment Channels with Instant Processing This localization upgrade focuses on enhancing the deposit experience for Indian users, offering multiple convenient channels covering instant payment systems, bank transfers, bank cards, and local e-wallets: Instant Payment Systems: Supports UPI (Unified Payments Interface) and IMPS (Immediate Payment Service) for quick, high-frequency deposits. Bank Transfers: Enables NEFT (National Electronic Funds Transfer) for larger deposits, meeting the needs of high-volume traders. Bank Card Payments: Supports RuPay, Visa, and MasterCard for seamless card-based deposits. Local E-Wallets: Integrates Paytm Wallet, PhonePe Wallet, and Mobikwik to accommodate diverse payment preferences. Users can choose from these flexible deposit methods, whether for small, fast deposits or larger transfers, and instantly convert INR into USDT. For withdrawals, XXKK Exchange supports UPI and bank card channels, ensuring instant fund transfers and enabling fast fiat-to-crypto conversions. Emmalyn, XXKK's Global Head of Markets, stated: 'By covering UPI, IMPS, NEFT, bank cards, and local e-wallets, XXKK offers Indian users an unprecedented range of deposit options with true localization. Paired with instant withdrawals via UPI and bank cards, we've significantly lowered the barriers to crypto trading and accelerated digital asset adoption in India.' Multi-Fiat Support for Global Markets Beyond INR, XXKK Exchange supports crypto trading with multiple fiat currencies, including PHP (Philippine Peso), CNY (Chinese Yuan), USD (US Dollar), EUR (Euro), HKD (Hong Kong Dollar), THB (Thai Baht), and TWD (New Taiwan Dollar), offering a flexible cross-border crypto trading experience for global users. Global Reach with Local Focus The India localization marks XXKK Exchange's latest milestone following localized fiat integrations in the United States, Southeast Asia, the Middle East, and Europe. Backed by a global operational network, XXKK is building a crypto ecosystem that balances global scalability with local market needs. Currently, XXKK Exchange supports 24/7 on-chain withdrawals for multiple cryptocurrencies, including USDT, BTC, ETH, and TRX, with no minimum withdrawal limits for selected assets, giving users enhanced flexibility and security in managing their crypto and fiat assets. Security and Compliance First XXKK Exchange employs institutional-grade security mechanisms such as two-factor authentication (2FA), address whitelisting, real-time risk monitoring, and manual reviews for sensitive actions, ensuring comprehensive fund protection. The platform is also advancing its global compliance strategy, having obtained key international regulatory licenses: U.S. MSB License (No.: 31000222694535) Canada MSB License (No.: M22420435) St. Vincent FSA License (No.: 3393) 'These licenses reinforce XXKK's compliance foundation, establish trust mechanisms for crypto users, and provide a secure infrastructure for the sustainable development of digital finance,' added Emmalyn. Looking Ahead The India localization upgrade represents another step forward in XXKK Exchange's mission to bridge fiat and crypto globally. Going forward, the platform will continue to expand regional payment integrations and leverage blockchain innovation to advance the global crypto trading ecosystem further. XXKK Exchange is a leading multi-asset cryptocurrency trading platform founded by an international team with deep expertise in finance and blockchain. The platform is committed to bridging traditional finance and the Web3 ecosystem through innovative financial products and institutional-grade security, offering users low-cost, efficient, and transparent crypto trading. Users can join XXKK Exchange today to seize market opportunities and experience fast, secure, and low-cost crypto trading.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store