Le Pain Quotidien Has Entered Administration Closing All But One Store
Cafe chain Le Pain Quotidien has entered administration, shutting nine of its ten stores and cutting 250 jobs. Brunchco UK, trading as Le Pain Quotidien…
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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.
Fuller’s Named As Corporate Community Hero
Fuller, Smith & Turner has been named as the Corporate Community Hero 2023. The award, given by PubAid and the All-Party Parliamentary Beer Group, was…
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Restaurant Closures Reach 10-Year High
The number of restaurant businesses going bust has reached its highest level since 2010, jumping by more than a third in 2018, according to data…
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Arc Inspirations To Close All Sites For One Day This Week To Host Company Festival
Bar group Arc Inspirations will close all 19 of its sites on Tuesday 4th July for the first ever ‘Arc in the Park’, a company-wide…
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Drinks Sales In Year-On-Year Growth For Ninth Week In A Row
On Premise drinks sales were 7% ahead of the levels of June 2022 last week after more good weather, CGA by NIQ’s latest Drinks Recovery…
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Heartwood Collection Secures Additional £100m Of Funding To Support Ambitious Growth Plans
Heartwood Collection has secured additional funding to support its rollout into freehold pubs and pubs-with-rooms. As part of this funding, a new banking facility of…
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Fall In Real Incomes Signals Financial Stresses For Hospitality Operators, Says RSM UK
The Bank of England’s latest monthly Money and Credit data highlights the impact of the rising cost of borrowing and the effect this will have…
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SLTA Welcomes Scottish Government’s Renewed Engagement With Business
The SLTA (Scottish Licensed Trade Association) has welcomed the Scottish Government’s renewed engagement with the business community and the creation of an independent review board…
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Scotland’s Wholesale Sector On The Road To Net Zero
The Scottish Wholesale Association (SWA) has set out ambitious plans to reach net zero by 2040, in time for Scotland’s net-zero target of 2045, in…
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Spend Across The Hospitality Sector Buoyed By Price Increases While Number Of Visits Falls
Increased prices across the hospitality sector drive year-on-year spend increases despite the number of visits taking a hit for many, as customers look to curb…
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Greene King Pub Partners Gala Dinner Raises Over £29,000 For Macmillan Cancer Support
Greene King Pub Partners, the leased, tenanted and franchise division of Greene King, has raised over £29,000 for Macmillan Cancer Support. The funds were raised…
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BII Launches Sustainability Champion Award
The British Institute of Innkeeping (BII) has announced the launch of its Sustainability Champion Award, to recognise and celebrate the pub sector’s outstanding commitment to…
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St Austell Brewery Reports Record Trading Results
St Austell Brewery has posted record sales for 2022. Despite the challenging economic conditions, annual turnover grew by 34% to £209.2 million – surpassing pre-pandemic…
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New Beginnings For Nailsea Pub As New Management Partner Takes The Helm
An investment by independent pub company Punch Pubs & Co has helped to relaunch a Bristolian pub with a new face behind the bar just…
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Interest Rates Are A Business Straitjacket As FSB Urges Government To Raise VAT Threshold
The Bank of England has shocked economists and investors by raising interest rates half a percentage point to 5% – the highest level since 2008….
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