F1: Silverstone bets on premium with Michelin offering June 11, 2025 The British Grand Prix has announced plans to boost its hospitality offering for its 75th anniversary amid widespread premiumisation in sports viewing. Hospitality packages at Silverstone include Octane Terrace and Fusion Lounge, both are which aim to provide a “unique and premium experience” to guests. Fusion Lounge promises premium drinks, live entertainment and a luxury [...]
Boardroom Uncovered: How work from home policies have changed business June 10, 2025 Pret A Manger UK managing director, Clare Clough, said work from home patterns are influencing where the business opens new stores.
The Whisky Exchange appoints new managing director June 10, 2025 The Whisky Exchange has announced the appointment of Natalie Tennent as managing director after a successful integration of the business into Pernot Ricard. Tennant, who has 30 years of experience with wine and spirits merchant Berry Bros, will move into the role on July 7. She will take over the role from deputy managing director [...]
Cheers! City Beerfest returns to Guildhall for 11th year June 10, 2025 City Beerfest will return to Guildhall for its 11th year this July, bringing together food, drink and live music on the site of London’s second-century Roman Amphitheatre. The festival, which has become one of the City of London Corporation’s most popular events, will have over 40 different beers on offer in the Guildhall’s courtyard. It [...]
Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue June 9, 2025 The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
‘A tax burden without precedent in the 21st Century’: Pub chain McMullen’s blasts government tax hikes June 6, 2025 One of Britain’s biggest pub chains has taken aim at the government’s “damaging” tax hikes, warning they will lead to lower demand and investment and have forced the hospitality sector to “bear the brunt” of rises in government spending. Hertford-based McMullen’s, which operates around 120 pubs in London and the home counties, including the Old [...]
Young’s: Pub giant raises dividend as earnings jump June 5, 2025 Pub and bar operator Young & Co’s has reported a significant jump its earnings despite surging costs. The hospitality firm, which has 277 pubs across the UK, told markets that revenue rose 24.9 per cent from £388.8m to £485.8m in the 52 weeks ended March 31. The nearly 200-year-old pub business said adjusted operating profit [...]
Hospitality ranks bottom for UK wages as sector struggles with costs June 3, 2025 Hospitality workers are now the worst-paid employees in the UK as the sector continues to struggle with high costs. A combination of high energy prices, high wholesale prices and high taxes have squeezed margins in the last two years, making it hard for a sector pummelled by the pandemic to recover. Accommodation and food service [...]
Exclusive: Hotels struggle with double whammy of staff costs and pressure on room rates June 2, 2025 Hotels struggled with falling profit in April after margins were squeezed by higher staff hosts and price pressure on rooms. UK hotel payroll costs increased from 31.6 per cent of revenue to 33.3 per cent in April year-on-year, and from 29.5 per cent to 31.4 per cent in London, according to RSM. A slight reduction [...]
Ghost Ship producer Adnams slashes losses May 29, 2025 Ghost Ship producer Adnams has halved its operating loss amid a commercial turnaround plan, although retail sales continue to suffer. The Suffolk-based company, which makes cask ale, bottled beers and spirits, said that sales increased three per cent to £68.1m in the 12 months ended December 31. Its operating loss shrank by more than half, [...]