‘Politically toxic’ holiday tax could turn voters against Labour, hospitality leaders warn Hospitality The “politically toxic” holiday tax could turn hordes of voters against Labour if it is pushed through, hospitality leaders have warned the government. The proposed tax could threaten the fragile majorities of a host of Labour big beasts including health secretary Wes Streeting and foreign secretary Yvette Cooper, trade body UK Hospitality (UKH) has claimed. [...]
Brits booking holidays last minute over Iran war fears, says Jet2 Transport & Infrastructure Budget airline Jet2 said Brits are leaving holiday bookings until the very last minute as the Iran war threatens to wreak havoc on summer tourism plans. The UK’s third-largest package holiday provider said on Wednesday: “Since commencement of the conflict in the Middle East, the booking profile has become increasingly close to departure.” But the [...]
Center Parcs: New £450m UK site approved hospitality A new £450m Center Parcs holiday village is to be constructed in Scotland after the proposals were given the green light. A total of 700 lodges are to be built at the site approximately three miles north of Hawick and 55 miles south of Edinburgh, as well as newly created lochs, nature trails and a [...]
Butlin’s back in profit after losing almost £75m December 4, 2025 Butlin’s has recovered from losing almost £75m to return to the black during its latest financial year, it has been revealed. The holiday resort chain has posted a pre-tax profit of £28.3m for 2024, according to new accounts filed with Companies House. That comes after Butlin’s fell to a pre-tax loss of £74.2m for 2023. [...]
Losses widen at Haven rival Parkdean amid ‘challenging backdrop’ September 29, 2025 Holiday park operator Parkdean lost almost £150m during its latest financial year despite its revenue increasing over the same period, it has been confirmed. The business, which is a direct rival of Haven and is headquartered near Newcastle upon Tyne, has reported a pre-tax loss of £147.7m for 2024. The latest total comes after it [...]
Huge losses continue at Haven owner as hundreds of jobs created September 24, 2025 The group behind Haven holiday parks and Warner Leisure Hotels continued to make huge losses in 2024 despite its turnover jumping by almost £100m. Bourne Leisure, which is owned by investment giant Blackstone, has reported a pre-tax loss of nearly £170m for its latest financial year, having also lost £166.5m in 2023. However, new accounts filed [...]
Butlin’s boss reveals where possible new UK site could be September 4, 2025 The chief executive of Butlin’s has revealed where in the UK the holiday resort chain could open a new site in the future. Jon Hendry Pickup, speaking on a new episode of City AM‘s Boardroom Uncovered show, said expanding beyond the company’s current three locations “would definitely” be something it would be interested in pursuing [...]
Butlin’s boss: We’re not going to tax ourselves to success August 26, 2025 The chief executive of holiday park chain Butlin’s has hit out at Chancellor Rachel Reeves after saying increases taxes on businesses is not the way to improve the UK economy. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Jon Hendry Pickup said the country is “not going to tax ourselves to success” [...]
City AM’s (slightly unconventional) best summer reads August 14, 2025 From romance to nuclear warfare, City AM's editorial team picks their best books of the summer, for some (unconventional) beach reading.
Swissport creates 900 UK jobs as profit almost quadruples August 5, 2025 Swissport created 900 UK jobs as its profit almost quadrupled during its latest financial year, it has been revealed. The Cheshire-headquartered UK arm of the aviation services giant has posted a pre-tax profit of £39.8m for 2024, up from the £10.5m it achieved in the prior 12 months. That previous figure was the first time [...]