Sector Welcomes Shadow Chancellor’s Pledge To Abolish Business Rates
UKHospitality has welcomed a policy announcement by shadow chancellor Mel Stride to abolish business rates for pubs and shops. The shadow chancellor made the pledge…
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Business
All the latest business news for pubs, bars, clubs, restaurants and hotels in the UK hospitality sector and licensed on-trade.
BrewDog Announces Redundancies Following £37 Million Annual Loss
Scottish craft brewer BrewDog has confirmed workforce reductions following the publication of accounts showing a £37 million pre-tax loss for the latest financial year. The…
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Businesses Call For Voice In Overnight Levy Discussions, To Avoid Unintended Consequences For Flagship UK Destinations
Where overnight visitor levies are introduced, businesses must have a voice in their design and rollout, according to High Streets UK (HSUK), the pro-growth partnership…
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42% Of Brits Believe Their Local High Street Is In Decline
Almost half of Brits believe their local high street is worse than it was a year ago, according to a new survey by UKHospitality. The…
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Editor’s Viewpoint: A Welcome Boost or Political Sleight of Hand?
By Peter Adams, Editor, CLH News. At long last, some potentially positive news for our beleaguered hospitality sector. The Government’s announcement of its £5bn Pride…
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Flags, Alcohol, And The Law: Navigating Operator Duties In Politically Charged Situations
By Julie Gowland, Partner and Head of Licensing at Birketts LLP (www.birketts.co.uk/people/julie-gowland/) The recent controversy surrounding the Manor Farm pub in Birmingham, where a group…
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Rick Stein Group Reports Widening Losses Amid Trading Challenges
The Rick Stein restaurant empire has reported significantly increased losses for 2024, with the group’s flagship operations experiencing declining revenues and workforce reductions as economic…
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Rational Becomes First Manufacturer In Industry To Make Climate Impact Measurable
Rational says it is the first manufacturer in the industry to provide full transparency on the climate impact of its cooking systems using verified methods…
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2p Switch from National Insurance to Income Tax Could Raise £6 billion While Protecting Workers’ Pay Packets
The Chancellor should protect workers’ pay packets and level the playing field on how different forms of income are taxed – including a 2p cut…
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Wetherspoon Set to Open Two New London Pubs
JD Wetherspoon is set to significantly expand its presence across England with the opening of two London venues, marking a substantial investment in the UK’s…
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The Red Lion, Stratford-Upon-Avon Is Now Open – Opening Marks Heartwood Inns’ 33rd Opening
Heartwood Inns has opened The Red Lion in Stratford-upon-Avon on the 23rd September, its 33rd pub in the Heartwood estate. In a ceremony officiated by…
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Third Consecutive Monthly Rise In Hospitality Insolvencies A Concern Says RSM UK
Today’s company insolvency statistics show accommodation and food services insolvencies rose again, this time by 5% (up on the 4% rise last month) from 306…
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Bank Of England Maintains 4% Interest Rate As Hospitality Sector Faces Continued Pressures
The Bank of England has kept interest rates unchanged at 4% following yesterday’s Monetary Policy Committee meeting, delivering a mixed message for the hospitality and…
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Youngs Report Like-for-Like Sales Increase Thanks to Summer Sun
This summer’s sunny weather has helped pub operator Young’s increase its half-year sales, as they provide an update on trading for the 24 weeks ended…
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Business Rates Reforms Positive, But Maximum Discount Still Needed At Budget
HM Treasury has published a report today (11 September) setting out that the Chancellor will explore fixing sudden jumps in business rates – known as…
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