Pub and Bar Company Insolvencies Jump by 83% in Past Year to 512
Insolvencies of pub and bar companies have increased by 83% in the past year*, from 280 in 2020/21, to 512, says UHY Hacker Young, the…
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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.
Shortlist Announced for Springboard Awards for Excellence 2023
The 48 shortlisted hospitality businesses competing to win a coveted Springboard Award for Excellence on 20 April has been announced. The charity were delighted to…
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Insolvencies Reach a Decade-High in Accommodation and Food Services Sector
Registered insolvencies in the accommodation and food services sector jumped 61% between 2021 and 2022, and reached a decade-high peak according to figures from The…
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Much Loved North Berwick Venue Herringbone Reopens Doors After Major Refurb
ONE of East Lothian’s best-loved venues, Herringbone, reopened its doors on Saturday (February 4) after undergoing a significant refurbishment. Herringbone, operated by leading Scottish hospitality…
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Greene King Pub Partners Invests in Online Reputation Management Platform for All Leased & Tenanted Licensees
Greene King Pub Partners, the leased, tenanted and franchise division of Greene King, has invested in a customer experience and online reputation management platform which…
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More Y-o-Y Drinks Sales Growth but Weekends Flatten
Britain’s On Premise ended January with another week of strong year-on-year sales growth, as operators fought to overcome the effects of the cost of living…
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Interest Rates for SME Lending Have Now Increased Almost Sixfold from Pandemic Low
Small businesses face surging interest rates on lending, with the average rate on new bank loans written increasing fivefold from just 0.98% in May 2020…
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More Closures Imminent Without Further Intervention on Energy Bills, Hospitality Trade Bodies Warn
Industry trade bodies, Hospitality Ulster, BBPA, UKHospitality and the BII, have jointly written to the Secretary of State for BEIS, the Rt Hon Grant Shapps…
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DRS Enforcement Delay Required as Unanswered Questions Linger
UKHospitality Scotland has asked the Scottish Government to delay any enforcement of Deposit Return Scheme (DRS) regulations until businesses have the required information and time…
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Hospitality Enjoys Strong December Sales, but Fails to Hit Pre-Pandemic Heights
Pubs and restaurants enjoyed their best festive season for three years, but sales figures are still yet to return to pre-pandemic levels. The latest figures…
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Bank of England Raises Interest Rates by 0.5% in Tenth Consecutive Increase
The Bank of England has raised interest rates by a further half percentage to 4%. The Bank said that the UK is still headed for…
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Plea for Spring Budget Action as 21 Pubs Close Doors to the Public Every Week in Britain
In the last 6 months of 2022, 554 pubs closed for business or stood empty without tenants, new statistics from CAMRA reveal CAMRA, the Campaign…
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BII Writes to Chancellor Calling for Urgent Support Ahead of Budget
The BII has today written to the Chancellor, calling for further support for its members ahead of the Spring Statement in March. Results from a…
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8 in 10 Night-Time Businesses “On a Knife Edge” Survey Reveals
A NTIA a flash poll of its members assessing the current and new energy relief scheme announced by the Government and the projected impacts on…
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SIBA Business Awards 2023 Entry Deadline Extended to 12th February
The entry deadline for the SIBA Business Awards 2023 has been extended to the 12th February to ensure even more businesses from across the beer,…
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