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      Consumer confidence suffers biggest drop in four years amid Iran inflation fears

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Hospitailty

  • Consumer confidence suffers biggest drop in four years amid Iran inflation fears

    Economics

    Consumer confidence fell at the fastest rate in four years as Brits tightened their purse strings amid fears the Iran war will spike inflation.  Brits’ confidence in their spending power fell by three per cent at the start of this year, as it reached its lowest level since 2023 and made the biggest drop since [...]

    High streets emptied out as retail sales fell in May.
  • Pizza king points to youth joblessness as restaurant group eyes takeovers

    Hospitality

    The boss of restaurant group Bow Street raised concerns over youth joblessness as the firm behind Dim T slipped into an annual loss, but outlined his dealmaking plans. David Page, now the chief executive of the Aim-listed firm, is a former boss of Pizza Express and played a key role in the expansion of Franco [...]

    David Page presenting at a business conference with a focus on economic strategies and market trends.
  • Rocco Forte: Inheritance tax grab has endangered my family firm

    Hospitality

    With luxury outposts across Europe, and plans to expand to the Gulf, Rocco Forte Hotels has become one of Britain’s most successful hospitality exports. But after being hit by a wave of damaging policies – including a potentially existential inheritance tax crackdown – he tells Ali Lyon, he is more disillusioned with Britain now, than [...]

    Sir Rocco Forte standing confidently in a luxury hotel lobby, showcasing elegance and hospitality leadership
  • Rocco Forte: Middle East tourism ‘could increase’ after ceasefire

    March 24, 2026

    Tourism volumes to the Middle East could increase after a ceasefire in the region if the US and Israel topple the Iranian regime, Sir Rocco Forte has said as he doubled down on investment plans in the region despite an exodus of visitors. The billionaire hotel magnate, whose eponymous Rocco Forte Hotels is part-owned by [...]

  • 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 [...]

  • When a Building Reminds You Why You Love Your Job

    February 26, 2026

    Every so often, a project comes along that captures the essence of why working in and for a great city is such a privilege. The opening of the new hub by Premier Inn by Whitbread in Farringdon at the Old Bailey is one of those moments that we now encounter quite frequently in the City, [...]

  • 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 [...]

  • Greene King weighs job cuts as pub sector braces for cost squeeze

    February 15, 2026

    Greene King is preparing to cut around 100 roles as Britain’s second-largest pub operator reviews its cost base against a backdrop of rising taxes and mounting pressure across the hospitality sector. The brewer and pub group, which operates roughly 2,600 sites across the UK, is understood to be assessing changes to its head office and [...]

  • DakaDaka review: The comfort food we all need right now

    January 27, 2026

    DakaDaka, 10 Heddon Street, W1B 4BX | Nearest Tube: Piccadilly Circus Heddon Street has developed its own culinary microclimate. Whether by luck or design, it has become a place where you can almost guarantee a decent plate of food, with its current crop of restaurants including Sabor (superlative Spanish), Fonda (respectable Mexican) and Casa do [...]

  • Private sector bounces back but Reeves leaves hospitality reeling

    January 23, 2026

    The UK’s private sector expanded at the fastest rate in nearly two years in the first month of 2026 but the reeling hospitality sector was still feeling the crunch from Labour policy. The latest Flash Purchasing Managers Index (PMI) from S&P Global showed a major uptick in the all-important services sector, which is often seen [...]

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