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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Business
All the latest business news for pubs, bars, clubs, restaurants and hotels in the UK hospitality sector and licensed on-trade industry.
‘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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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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Closed-Loop Recycling: How to Implement in Business
By Nathan Gray, Head of Sustainability at Reconomy (www.reconomy.com) With many businesses rushing to consider their environmental impact, closed-loop recycling should be a process high…
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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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Coronation Fortnight Delivers a £205m Tourism Boost to London
London will receive a tourism boost worth over £205million during Coronation fortnight, helped by the arrival of 30,595 more overseas visitors than last year, research…
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Solid Easter Brings 7% Drinks Sales Growth
Easter holidays and decent weather helped managed On Premise venues achieve a 7% year-on-year increase in drinks sales over the three weeks to last Saturday…
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Trade Bodies Call for Urgent Government Intervention on Unfair Energy Costs and Contracts
Since the beginning of the energy crisis, members of the trade organisations have faced a raft of business-critical challenges, with 50% being forced into contracts…
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Hospitality Loses 4,600 Venues in 12 Months, but Closures Slow in Early 2023
Britain has suffered a net decline of 4,593 licensed premises in the last year to March 2023, the newHospitality Market Monitor from CGA by NIQ…
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