Magners owner hits out at Reeves as hospitality crisis hits sales May 19, 2026 The maker of Magners and Bulmers cider missed its profit and revenue targets this year, blaming Rachel Reeves’ Budget and the “financial stress” it caused pubs and bars. C&C Group, which also owns the Orchard Pig and Jubel brands, said it is seeing resilient demand for cider and beer but plummeting sales of high-alcohol drinks [...]
Sign of the Dimes: Harry Styles Wembley run to drive £1bn spending frenzy May 19, 2026 Harry Styles’ 12-night Wembley residency is set to rake in more than £1bn in spending in the capital, smashing previous records set by Taylor Swift concertgoers. The Mancunian popstar is expected to attract £88.3m in spending per night, far higher than the £66.5m recorded during Taylor Swift’s UK Eras Tour dates in 2024, according to [...]
Lazy Coffee is the best coffee in the City – this is how they do it May 19, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the past winners. Today we caught up with Lazy Coffee founder Matthew Staite, whose Abchurch Yard coffee cart won the Best Coffee award. To nominate your favourite Square Mile spots for the 2026 awards, from bars [...]
Whitbread: Activist investor pushes for sale of FTSE 100 Premier Inn owner May 18, 2026 An activist investor with a major stake in Premier Inn’s owner Whitbread has called for the FTSE 100 firm to put itself up for sale, attacking its “chronic misallocation of capital”. Corvex Management, which owns 11.8m shares – around seven per cent – in Whitbread, has issued a scathing rejection of the firm’s latest cost-saving [...]
Is The Butcher’s Hook & Cleaver the City’s best pub? May 18, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with The Butcher’s Hook & Cleaver general manager Iliana, whose awesome pub has been nominated in the Best Boozer category. To nominate your favourite Square Mile spots, from the best [...]
Pan Pacific London director: The City is ‘incredibly special’ May 15, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with Pan Pacific London director of marketing communications Michelle Whittemore, whose hotel has been nominated in the Best Overnight Experience category. To nominate your favourite Square Mile spots, from bars [...]
Labour’s holiday tax ‘will make staycations more expensive’ May 13, 2026 A leading trade body has attacked the government’s plans to push through a so-called holiday tax, which it says will make Brits’ staycations more expensive. Labour unveiled an Overnight Visitor Levy Bill as part of the King’s Speech, which provides the legislative framework for mayors to be handed the power to impose a tourism tax [...]
Eastern City’s Club In The Clouds Is Back! May 12, 2026 Dig out your dancing shoes and get ready to party the night away in the tallest nightclub in town! The Eastern City Club in the Clouds is back by popular demand next month, courtesy of Mixmag, the world’s biggest dance music and clubbing destination, and Horizon 22 Events. Originally launched as a one-off last September, [...]
Compass shares jump as it shrugs off inflation concerns with profit upgrade May 11, 2026 Shares in Compass Group jumped on Monday morning as shrugged off concerns over inflation eating into its margins after upgrading its profit forecasts. The FTSE 100 catering giant, which has served meals everywhere from prisons to oil rigs, upped its profit growth estimate from 10 per cent to “above” 11 per cent for the year [...]
Evolv: Revenue at Quaglinos, Coq d’Argent, Madison and Bluebird owner soars May 8, 2026 The group behind restaurants including Quaglinos, Coq d’Argent, Madison and Bluebird has seen its earnings surge despite the challenges facing the hospitality sector. Evolv – formerly D&D London – saw revenue increase 20 per cent from £126.3m to £151.6m year-on-year, with Ebitda rising from £2.6m to £14.6m. Evolv reported a modest loss of £6.8m for [...]