Concerns Raised At Stonegate’s £2.2bn Debt
Concerns have been raised over the future of the UK’s biggest pub chain as it struggles to refinance £2.2bn of debts before 2025. Stonegate which…
Read more...
Businesses
Monica And David Galetti Announce Closure Of Mere After Seven Years
Monica and David Galetti are to close their Mere restaurant in London’s Fitzrovia later this month after seven years of trading. Mere opened in 2017…
Read more...
Hospitality Inflation Falling-But Still More Than Double The Rate In Retail
Food price inflation in hospitality remains more than double the rate seen in the retail sector despite steady easing over the last 12 months, the…
Read more...
Biggest Tax Rise In 33 Years For 220,000 Firms Came Into Force on 1st April 2024
219,410 shops, pubs, restaurants, offices, factories as well as public sector buildings such as schools and hospitals will today see their business rates bills in…
Read more...
“Crisis Hit” Pubs Closing Early As Rising Costs Take Their Toll
Pubs across Britain are having to close as early as 8pm as they struggle to deal with the cost of living crisis and soaring energy…
Read more...Hospitality Creates Light and Life for UK High Streets
UKHospitality champions importance of the sector for the regeneration of high streets at House of Lords Built Environment Committee. Responding to the Built Environment Committee’s…
Read more...
2023 Pub Closures Hit “Decade High”
Pub closures increased to the highest level in over a decade last year, as 769 businesses entered insolvency, up from 518 in 2022, according to…
Read more...
Thornbridge Brewery Named SIBA’s “Brewery Business of the Year 2024”
The winners in the SIBA Business Awards 2024 have today been revealed – highlighting the very best beer businesses across the UK – including breweries,…
Read more...
Companies House Begins Phased Roll Out Of New Powers To Tackle Fraud
Companies House has introduced new measures to protect businesses after numerous hospitality proprietors reported that their restaurant addresses with almost identical names were being used…
Read more...Completion of City Pub Group Acquisition
Young’s has announced that its acquisition of The City Pub Group plc (“City Pubs”) has completed, with the Scheme of Arrangement becoming effective today, bringing…
Read more...
Business Rates Experts At Colliers Call The Chancellor To “Right The Wrongs” Of The 2023 Autumn Statement
Business rates experts at Colliers call the Chancellor to “right the wrongs” of the 2023 Autumn Statement and cancel the business rates increases planned for…
Read more...
Over 5,000 Representations To MPs Fuel Push For Vat Reduction In Spring Budget
The #LeaveNoOneBehind Campaign has ignited a powerful wave of advocacy across the UK, as thousands of businesses and supporters unite to implore their MPs to…
Read more...
Unchanged Scottish Budget Abandons Hospitality Businesses
The Scottish Budget for 2024-25 was passed unchanged at Holyrood yesterday afternoon, leading to fierce criticism from various industry bodies. Despite opposition parties voting against…
Read more...
Recession Reality Prompts Small Businesses To Call For Pro-Growth Budget
Research by the Federation of Small Business (FSB) has found that confidence among small firms has been in negative territory for seven straight quarters, due…
Read more...
Mayors of the North Unite with Sector at NTIA Summit to Call for Industry VAT Cut in Spring Budget
The Night Time Industries Association (NTIA) hosted its third Night Time Economy Summit at the iconic Freight Island in Manchester on 8th and 9th of…
Read more...