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hospitality crisis

  • Pub of the week: Toast Award-winner The Rising Sun on Carter Lane

    February 4, 2026

    Nobody loves a pub as much as City AM. Over the years we have campaigned for them, we have reported on their plight, and we have honoured them in our Toast the City Awards. Now we’re launching a new regular feature celebrating the best drinking holes in the Square Mile and beyond.  While the exact [...]

  • 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 [...]

  • Why The Ivy is a bastion of hope and quality during a bleak month

    January 19, 2026

    The start of the year is an especially tough time for hospitality as people watch the pounds when it comes to both their wallets and weight. This kind of abstinence is even more of a travesty in London, a city packed with the most incredible restaurants, with a rich history of social eating and drinking. [...]

  • The 100 most at risk pubs in London – is your local under threat?

    January 13, 2026

    The most at risk pubs in London have been revealed by a new website that calculates how proposed changes to rates could affect the hospitality industry. New website ismypubfucked.com uses official data from the Valuation Office Agency (VOA) to identify which pubs will be most affected by the proposed increases to the business rates. The [...]

  • Hotels ‘fighting to maintain profits’ as costs rise

    December 3, 2025

    Britain’s hotels are struggling with rising costs despite increasing demand, according to the latest data. Profits were flat for UK hotels between September and October at just over 38 per cent, and fell slightly from 43.3 per cent to 43.1 per cent in London, according to the RSM hotels tracker. This was despite a rise [...]

  • Autumn Budget: BrewDog boss issues £1bn warning to Rachel Reeves

    November 19, 2025

    The hospitality sector needs to sell almost one million extra pints every hour in order to cope with a £1bn cost surge thanks to Chancellor Rachel Reeves’ tax hikes, the chief executive of BrewDog has warned. James Taylor, who took on the job earlier this year, said Reeves needs to take ‘meaningful action’ because of [...]

  • Brighton Pier up for sale as Reeves’ tax hikes bite

    November 6, 2025

    Brighton Pier Group, which was taken private earlier this year, has placed all its assets on the market as it battles “an extremely challenging trading environment” and the impact of Rachel Reeves’ tax hikes. In its first set of accounts since quitting the London Stock Exchange’s AIM in May, the group said it is “now [...]

  • Labour has ‘unbelievably harsh stance’ on big businesses

    November 4, 2025

    It is “unbelievable” that the Labour government has “taken such a harsh stance” on big businesses, the chief executive of restaurant chain Pizza Express has said. Speaking on an up-coming episode of City AM’s Boardroom Uncovered podcast, Paula MacKenzie said the industry had been “somewhat decimated” by the Covid-19 pandemic and has then been hit [...]

  • Rachel Reeves ‘has no interest in hospitality’ after ‘reckless’ taxes

    September 23, 2025

    Chancellor Rachel Reeves “has no interest in hospitality”, according to nighttime adviser Sacha Lord, who also branded her National Insurance increases in last year’s Autumn Budget “both reckless and short sighted”. Lord, who is a member of the Labour Party, said the 2024 Budget was a “disaster for hospitality” which resulted “in many closures and [...]

  • Tube strikes: Sadiq Khan urged to compensate hospitality sector

    September 9, 2025

    Mayor of London Sadiq Khan has been told to ease the financial burden on the hospitality sector as firms face the crunch of tube strikes. Khan, who was criticised for his absence as the strikes got underway, has been urged to give the sector a “rent and rate holiday” so they can weather the strikes. [...]

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