Punch Pubs & Co Launches ‘Punch Promise’
Punch Pubs & Co has unveiled its inaugural Environmental, Social and Governance (ESG) report – Punch Promise – highlighting the business’ ongoing commitment to sustainability…
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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.
‘New Approach’ Needed to Business Rates
Lack of action to address an outdated and costly business rates system is holding businesses back, UKHospitality Scotland said today. Responding to the Ministerial Statement…
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Hospitality Sector Bounces Back to Highest Growth Outlook in 12 Months
Almost two fifths of small businesses in the hospitality sector are predicting growth in the next three months (38%), more than twice the proportion compared…
Read more...Tsunami of Appeals Proves Business Rates System Just Isn’t Working Says Colliers
Latest business rates appeal figures announced today reveal that the business rates system and in particular, CCA, the “new” Check Challenge Appeal Business Rates Appeals…
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Small Firms in Hospitality & Retail in the “Crosshairs” as GDP falls in March
Responding to Office for National Statistics figures showing that GDP fell by 0.3% in March 2023 compared with the previous month, but rose by 0.1%…
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‘Significant’ Drop in Vacancies, but Shortages Continue to Hold Back Growth
The latest vacancy figures from the Office for National Statistic show that vacancies in hospitality fell by 22% over the last year and by 9%…
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Fall in Hospitality Vacancies Moves Dial Away from Recruitment Issues but Other Challenges Remain
According to the latest ONS employment figures, vacancies in the food and accommodation sector decreased to 132,000 in April from the previous month. Vacancies were…
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Delivery and Takeaway Sales Down Again but Decline Slows
Britain’s managed restaurant groups saw delivery and takeaway sales drop 1% year-on-year in April, the new Hospitality at Home Tracker from CGA by NIQ shows….
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Marston’s Report 10% Revenue Growth and Operating Profit Increase
Pub group Marston’s who operate 1,440 pubs has reported a 10.1% increase in revenue to £407m in its interim results for the 26 weeks to…
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Consumer Spending Grew Just 4.3% In April But Bank Holiday Fuels Hospitality Growth
Consumer card spending grew just 4.3 per cent year-on-year in April – less than half the latest CPIH inflation rate of 8.9 per cent but…
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Soft Drinks Sales Surge in First Quarter of 2023
CGA by NIQ’s data shows it has been a very strong start to 2023 for the soft drinks category. Sales surged past the £1bn mark…
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Making the Most of Your Business’s Opportunities This Coronation Weekend
By Florent Malbranche, CEO, Brigad (www.brigad.co) With an extra bank holiday booked this year to celebrate King Charles’ Coronation, hospitality businesses will be wanting to…
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Navigating Customer Expectations: How to Optimise Brand Reputation and Drive Growth
By Tracey Pankhurst, Senior CX Strategist, Reputation (www.reputation.com) Since the pandemic, the hospitality industry has had to contend with closures, staff shortages, job losses, and…
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Black Sheep Brewery Enters Administration
A North Yorkshire brewery has appoint administrators after failing to attract new investment. The Black Sheep Brewery, which employs 50 people, said in April it…
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Pub at centre of “Offensive” Doll Row Has Now Closed
A pub at the centre of a row has closed for business after its collection of golly dolls was seized by police on April 4….
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