Bank Of England Holds Interest Rate At 4.5%
The Bank of England has held the base rate at 4.5%, but has warned economic and global trade uncertainty has “intensified”. Its decision to hold…
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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.
Wetherspoon Half-Year Revenues Tops £1bn-But Margins Dented As Costs Rise
Pub group J D Wetherspoon has reported a fall in profits in its half-year results despite an uplift in sales, with chairman Tim Martin warning…
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Hospitality Businesses Say ‘Nonsensical’ Packaging Rules Will Cost Millions
Leading pub and hospitality businesses have joined with UKHospitality to write to Steve Reed, the Defra Secretary of State, to call for packaging supplied to…
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89% Of UK SMES Have Made Redundancies Due To Autumn Budget
The latest insight from The Global Payroll Association (GPA), reveals that 89% of small-to-medium sized businesses (SMEs) in the UK have reduced their workforce since…
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Hospitality Insolvencies In January Not As Bad As Feared
Today’s company insolvency statistics show accommodation and food services insolvencies fell 7% from 3,747 in the 12 months to January 2024 to 3,474 in the…
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Hospitality’s Expectations and Predictions for the 2025 Spring Budget
When the Autumn Budget 2024 was announced, the impact on the hospitality sector was immediately clear. We hear from leaders from the hospitality and events…
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Drinks Sales Rise as On Premise Bounces into Spring
Britain’s On Premise drinks sales have closed out the Winter with three successive weeks of above-inflation growth, CGA by NIQ’s Daily Drinks Tracker reveals. After…
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Editor’s Viewpoint: Resisting the Urge – But Only Just!
By Peter Adams, Editor, CLH News. I have often said that I resist the temptation to turn this column into a weekly attack on government…
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UK Economy Saw Unexpected Contraction in January
The UK economy saw an unexpected contraction of 0.1% in January, raising concerns for businesses and policymakers alike ahead of the Chancellor’s upcoming Spring Statement….
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Stubbings Pub Group Takes on The Albion in Farnham after £165,000 Upgrade
Stubbings Pub Group Limited, operated by Jon Paul Stubbings, has taken on The Albion in Farnham in partnership with Greene King Pub Partners. The Albion,…
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Hoteliers Warned of Phishing Campaign Impersonating Booking.com
A phishing campaign that impersonates popular travel platform Booking.com is targeting hospitality organisations in the UK, Microsoft has warned. Starting in December 2024, leading up…
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Community Rallies Round To Save 17th Centre Pub Despite Change In Government Policy
A community is rallying round to save one of Wiltshire’s best-known pubs renowned for its craft ales and aims to sell shares soon to buy…
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Sector Welcomes Regulator’s Promise To Act On Card Payment Fees
The UK’s Payment Systems Regulator (PSR) is to act in the wake of steep hikes on card fees. The regulator’s market review revealed that between…
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Half Of Hospitality Operators Predict Higher Revenue Streams This Year, Despite Challenges
Half of hospitality operators (49%) predict that their revenue will be higher in 2025, compared to the previous year, despite well-publicised and ongoing market challenges….
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Pubs Face £60 Million A Year Recycling Costs Thanks To “Chaotic Rules”
Pubs are set to be charged twice for disposing of glass bottles under “chaotic” new EPR rules which will cost the sector an extra £60…
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