Stonegate Completes £638m Refinancing Deal
The UK’s largest pub company, Stonegate has confirmed a £638m refinancing deal according to reports. It is believed that Apollo Global Management is the lender…
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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 industry.
Card Spending Grew just 4.1% in 2023 with Pubs & Bars Enjoy Strong Sales
Consumer card spending increased just 4.1 per cent year-on-year in 2023 – noticeably lower than the growth seen in 2022 (10.6 per cent) – as…
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Wetherspoons CEO Tim Martin to be Knighted in New Year Honours
Wetherspoon CEO Brexit campaigner Tim Martin is to be knighted in the New Year Honours according to reports. The JD Wetherspoon founder has been nominated…
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Government Rows Back on Plans to Increase Family Visa Salary Threshold
The government has scaled back plans to increase the salary required to bring foreign family members to the UK. Home Secretary James Cleverly told the…
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Greene King Supports Brand New Macmillan Initiative
Greene King is strengthening its resolve to help even more people living with cancer as it announces it will be supporting a new Macmillan initiative…
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Insurer Data Reveals Hospitality Payment Failures Up By 43% YOY
The UK’s second-largest trade credit insurer, Atradius, has revealed the number of claims they received in the hospitality sector increased year-on-year by 43% in Q3…
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Best Practice Property Disposal
By Paul Johnson, Head of Corporate Sales at Leaders Romans Group (LRG) (www.lrg.co.uk) Hospitality was the sector most affected by the pandemic and many businesses…
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Rates Relief Extended But Bills Still Set To Rise
The Welsh Government has announced that business rates relief will be extended at a lower level of 40% and that rates will rise by 5%…
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Six Company Announce Further Investment Into Glasgow Restaurant Scene With Three New Openings For 2024
– CGI Image of Six by Nico Merchant City – Six Company, the Glasgow-based company behind the Six by Nico restaurants, has announced ambitious development…
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Government Publishes Draft Statutory Code of Practice for Tipping
The Secretary of State for the Department for Business and Trade (DBT) is publishing this Code to promote fairness and transparency in the distribution of…
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Government Sets Out “Workers’ Rights Package”
Millions are set to benefit as the government sets out the next stages for a number of new Workers’ Rights Acts – giving more money…
Read more...10,000 Hospitality Businesses ‘Hang In The Balance’ Without Rates Support
New analysis shows that thousands of Scottish hospitality businesses will be left unsupported, if rates relief isn’t included in the Scottish Budget. The Fraser of…
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Inverness Hotel Awarded 4 Stars After Major Investment
A hotel in Inverness’ historic quarter is celebrating being upgraded to 4 Stars, cementing 5-fold growth and millions of investment over the last 17 years….
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WTTC’s ‘Hotel Sustainability Basics’ Ends 2023 on a High
The World Travel & Tourism Council’s (WTTC) Hotel Sustainability Basics is set to end if first year on a high with more than 1,300 hotels…
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The Official Reopening Of The Royal Crown In Rochester Brings Plenty Of Christmas Cheers
There was standing room only when Britain’s oldest brewer, Shepherd Neame, officially reopened its historic Rochester pub, The Royal Crown, following a stunning £1.2 million…
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