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Hospitality

  • Brewdog: James Watt ‘heartbroken’ as craft beer firm sold

    March 4, 2026

    Brewdog co-founder James Watt has said he is “heartbroken” after the craft beer titan’s sale cost nearly 500 jobs and left thousands of “punk equity” investors empty-handed.  Watt, who co-founded the firm with his school friend Martin Dickie in 2007, said the past week “has been incredibly hard” and described the sale to US cannabis [...]

  • Competition watchdog probes top hotel chains over data sharing

    March 2, 2026

    The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their suspected use of a data analytics tool to share information with each other. The Competition and Markets Authority (CMA) announced the investigation on Monday morning, which centres around the hotel chains’ use of [...]

  • Brewdog bought by US cannabis giant in £33m deal

    March 2, 2026

    Craft beer giant Brewdog has been sold to American cannabis and brewing group Tilray Brands for £33m after co-founder James Watt reportedly walked away from a comeback deal. Tilray Brands, a pharma firm which sells cannabis and alcoholic lifestyle products, has agreed a deal to acquire most of the brand’s assets. The announcement of a [...]

  • Ministry of Sound says clubbing is back as it reopens The Box

    February 27, 2026

    Famous London super club Ministry of Sound turns 35 this year, celebrating the occasion with the completion of a five year, multi-million pound renovation. The final piece of the puzzle: the main arena, known to generations of clubbers simply as “The Box”.  Self-described as “one of the most revered club spaces in the world” there’s [...]

  • The 18 best pubs in the City of London – picked by experts

    February 24, 2026

    The City of London has some of the best old boozers in the country, from sprawling Victorian gin palaces to squat little drinking dens squirrelled away down forgotten alleyways. We asked the reporters at City AM – who know the Square Mile better than anyone – to name their best pubs in the City of [...]

  • Pubs to open late during World Cup – a life raft for hospitality?

    February 24, 2026

    Though the Labour government and the country’s thousands of pub landlords have very rarely seen eye-to-eye in recent months, the World Cup could bring a summer truce to this fiery dispute.  Hospitality trade bodies and one of the country’s biggest pub chains have told City AM they welcome the government’s move to allow pubs to [...]

  • Admiral pubs boss: business rates will ‘kill off the high street’

    February 23, 2026

    The boss of a northern-based pubs company has claimed business rates will “kill off” the high street as well as pubs unless the levy is fundamentally reformed. Chris Jowsey, chief executive of Admiral Taverns, told City AM the government must deliver on its pledge to overhaul the business rates system, which he said “penalises bricks [...]

  • Brewdog: HSBC could seize brewery if no buyer found 

    February 23, 2026

    Brewdog’s sprawling Scottish brewing estate could be seized by HSBC if the craft beer firm fails to find a buyer to steady its finances.  Brewdog has agreed for its debts to be secured against its brewery in Ellon, Aberdeenshire, meaning it could lose its huge brewing estate if it cannot pay up.  Co-founder James Watt [...]

  • Nadhim Zahawi joins equity group piling £1bn into Mayfair hotels

    February 23, 2026

    Former Tory chancellor Nadhim Zahawi has joined the board of an investment firm piling £1.1bn into two luxury Mayfair hotels.  Evolution Investment Fund, based in the British Virgin Islands, has acquired a long leasehold interest in the London Marriott Hotel in Grosvenor Square and a luxury hotel development site in New Bond Street.  The fund, [...]

  • Franco Manca owner appoints advisers for possible sale

    February 20, 2026

    The group which owns pizza chain Franco Manca and The Real Greek restaurants has hired advisers to review its strategic options in a possible first move of a sale or restructuring. Fulham Shore said on Friday it had appointed advisors Alvarez & Marsal, and reports say a sale could be on the table.  The UK’s [...]

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