Gordon Ramsay restaurants top £100m as Lucky Cat ‘star performer’ Hospitality Gordon Ramsay’s restaurant group took more than £100m in revenue in the UK last year, as the group named its five Bishopsgate sites its “star performer”. The celebrity chef’s 34 UK restaurants posted a three per cent uplift in revenue to £100.7m in 2025, as its operating loss narrowed from £7.3m to £5.8m. Gordon Ramsay’s [...]
Wetherspoon boss attacks Labour for ‘high street dereliction’ as profit falls Hospitality Pub chain Wetherspoon has hit out at the government for causing “high street dereliction” by hiking taxes, as the company’s profit slipped by a quarter. The London-listed pub group saw revenue jump by five per cent to £2.2bn in the year to July – in line with analyst forecasts – though pre-tax profit fell further [...]
Bring ‘punishing’ high street taxes in line with banks, Healey urged Retail John Healey has been urged to bring down the “punishing” tax burden facing the retail and hospitality industries, which is higher than any other sector. Hospitality businesses pay 82p in taxes for every pound and retail pays 72p, compared to the 40p paid by banks, according to new analysis by the British Retail Consortium (BRC) [...]
Britain’s oldest brewery mulls future as cost pressures bite September 30, 2026 The family-run company behind Britain’s oldest brewery is exploring its future after wrestling with soaring costs and sliding sales. Shepherd Neame, which was founded in 1698 in Faversham, Kent and is the firm behind classic British beers Spitfire, Bishop’s Finger and Whitstable Bay, said it had begun a strategic review into its brewing operations “to [...]
Mike Ashley continues leisure push with Boom Battle Bar deal September 30, 2026 A company backed by Mike Ashley has snapped up Boom Battle Bar for £11m, extending the retail tycoon’s push into leisure and hospitality. Leisure operator We Do Play, which is backed by Ashley’s Frasers Group, has bought back the business its bosses founded from experiential leisure group XP Factory. Mike Ashley began his retail empire [...]
Can Brewdog get ‘equity punks’ onside in bid to move on from James Watt? September 30, 2026 Craft beer giant Brewdog has launched a reset under its American owners Tilray. Felix Armstrong explores whether the company can truly move on from James Watt Dessert-flavoured beer, provocative ad campaigns, waxy-mustached artisans – much about Brewdog’s long-anticipated reset feels familiar, as if the recently-collapsed craft brewer is really getting back to its roots. But [...]
Greggs puts 740 jobs at risk as baker braces for worse inflation September 30, 2026 Greggs has announced a shakeup of its manufacturing processes which could lead to the closure of four factories and cost 740 jobs, as the baker warns of “greater inflationary pressures” across its business. The sausage roll seller told shareholders on Wednesday that it is consulting on a move to consolidate its manufacturing operations, which would [...]
Exclusive: Mayors can use tourist tax to ramp up borrowing, Burnham tells business September 30, 2026 Andy Burnham has looked to justify his new uncapped “tourist tax” to business chiefs by claiming it will allow mayors to ramp up borrowing, City AM understands. In various meetings at Labour’s Business Day, top business groups were told by ministers the so-called overnight stay levy will let mayors take on more debt and use [...]
New Brewdog owner mounts comeback from ‘horrible’ collapse September 29, 2026 The new owner of Brewdog has launched a comeback for the company after it collapsed earlier this year, blaming “horrible” sales during its change of ownership on “negative” media reports. The craft beer firm saw sales slump by as much as 20 per cent year on year following its takeover by US cannabis and drinks [...]
Revive VAT-free shopping to boost high streets, Selfridges urges Burnham September 29, 2026 Selfridges has called on Andy Burnham to reinstate VAT-free shopping for international tourists as part of his push to revive British high streets and boost regional growth. The luxury department store chain hit out at then-Chancellor Rishi Sunak’s decision to abolish VAT-free shopping in 2021, adding that it is “encouraged” to see the policy back [...]