Restaurant Insolvencies Up 46% as Sector Leader Warns of “Collapse”
The Night Time Economy Adviser for Greater Manchester, Sacha Lord, has warned of a collapse in the sector unless business support is provided in 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 industry.
Operators Increase Items to Drink Menus to Encourage Price-Conscious Consumers
Restaurants and Pubs have added additional alcoholic drinks to menus from June-September 2022, with average alcoholic drinks up +1.4% and +6.5%, respectively, as per the…
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Scottish Hospitality Sector on ‘Life Support’ say Industry Campaign Leaders
Some of the biggest names in Scottish hospitality have joined forces to help safeguard around 220,000 jobs as the industry faces its third and toughest winter since…
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Innovation Grants Launched to Support Tourism and Hospitality Businesses
Hospitality, tourism and food and drink businesses in parts of the North East region will now be able to bid for grants of up to…
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Operators Keeping Total Food Menu Inflation Low Through Menu Management
Total food menu inflation from June to September was +0.9%, well below CPI. Chain and pub and bar restaurants are focusing menu inflation on new…
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JD Wetherspoon to Put a Further Seven Sites Up for Sale
JD Wetherspoon is putting seven more of its pubs on the market this week after warning of the impact of challenging sales and rising costs….
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Foodservice Price Index Shows Inflation Nearing 20% Amid Storm of Cost Pressures
Inflation in food and drink prices hit a record high of 18.8% in September 2022, the latest CGA Prestige Foodservice Price Index reveals. After reaching…
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Bank of England Rate Rise Will Leave Small Businesses Between a Rock and a Hard Place
Interest rates have risen sharply as the Bank of England continues to use its powers to tackle soaring prices. The Bank has increased its benchmark…
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The Royal Oak in Radcliffe-on-Trent Shortlisted for Business of the Year Award
Located on Radcliffe-on-Trent’s Main Road, The Royal Oak has been shortlisted for the Business of the Year category at the 2022 Celebrating Rushcliffe Awards. The…
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Hospitality Leaders’ Confidence Plummets Again as Inflation Crisis Worsens
Soaring costs and economic uncertainty have severely dented confidence in Britain’s hospitality sector, new research from CGA by NielsenIQ and Fourth reveals. The October Business…
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Lord Blunkett Sets Out Learning and Skills Report to Boost Sustainable Economic Growth
A report by Labour’s council of skills advisers led by the former Education and Employment Secretary Lord David Blunkett has laid out recommendations for a…
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Survey Reveals 3 Out of 5 Plan on Spending Less on Hospitality in Winter
A recent survey from guest experience management expert HGEM indicated that 60% of consumers are looking to spend less on hospitality in January and February….
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Shepherd Neame Launches its First Autumn/Winter Photography Competition
Following the success of Shepherd Neame’s inaugural Spring Photography Competition earlier this year, the independent family brewer is launching an Autumn/Winter contest with fantastic prizes…
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Third of Hospitality Businesses at Risk of Going Bust Due to Soaring Costs, New Survey Reveals
More than a third of the UK’s hospitality sector is at risk of business failure in early 2023 due to the cost of doing business…
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UKHospitality Publishes Energy Advice, Guidance and Costs Calculator for All Businesses
Due to the extraordinarily high energy prices hospitality businesses are facing this winter, UKHospitality is taking the unprecedented step of making its energy guidance publicly…
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