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hospitality crisis

  • Wetherspoons and Young’s toast World Cup success as shares rocket

    July 14, 2026

    Wetherspoon and other top London-listed pub groups have surged in value over the course of the World Cup as millions of revellers toasted the hot weather and the Three Lions’ success. Tim Martin’s budget pub chain, which is listed on the FTSE 250, has gained more than £75m in value since the start of the [...]

  • Burnham risks ‘breaking manifesto’ without business rates reform

    July 14, 2026

    Andy Burnham has been warned that he risks breaking Labour’s manifesto if he does not go further in his plans to overhaul the business rates system.  The Prime Minister-to-be has been urged by hospitality and retail industry figures to expand his plans to modify a business rates system which they say unfairly disadvantages high street [...]

  • Burnham urged to go further to fix ‘broken’ business rates

    July 14, 2026

    Incoming Prime Minister Andy Burnham must broaden his plans to reform the “broken and unsustainable” business rates system, hospitality and retail industry leaders have warned. The former mayor of Greater Manchester has already pledged to slash business rates for high street firms but a coalition of trade bodies has urged him to go further. Ros [...]

  • Why Gen Z are paying to go to ‘house parties’

    July 9, 2026

    London hospitality is struggling as Gen Z rein in nights out, so why are Little Door’s house party-style bars thriving, asks Anna Moloney.

  • Don’t let council killjoys destroy London’s pubs

    July 3, 2026

    Hounslow council has caused outrage by ordering three Chiswick pubs to remove their riverside tables. London doesn’t have to be this way, says Jack Emsley Sitting by the Thames with a pint on a sunny afternoon is one of the great joys of living in London. Our city is renowned for its pub culture, from [...]

  • Burnham camp goes quiet on hospitality VAT cut

    June 25, 2026

    Allies of Prime Minister-to-be Andy Burnham have gone quiet on whether he would slash VAT for hospitality despite previously backing calls to do so and committing to a raft of other measures to support pubs, restaurants and bars. The outgoing Mayor of Greater Manchester had previously said he would back calls to cut value-added tax [...]

  • Franco Manca and Real Greek owner slumps to £14m loss as boss quits

    June 24, 2026

    The owner of Franco Manca and Real Greek slumped to a £14m loss shortly after it its boss quit in the wake of a swathe of restaurant closures. Private equity firm Fulham Shore was hit by a £14.2m loss before tax in the year to March 2025, Companies House filings have revealed, nearly triple its [...]

  • ‘Not all sunlit uplands’: Pub bosses weigh in on whether Brexit leaves a bitter taste

    June 23, 2026

    A decade on from the referendum, has Brexit left a bitter taste? The bosses of the UK’s biggest pub firms have their say Notoriously outspoken, the bosses of the UK’s leading pub brands are usually shouting about the same thing: the tax and regulatory burden threatening watering holes across the country. But, on the anniversary [...]

  • Would a £10bn VAT cut really save hospitality?

    June 20, 2026

    Calls for the government to slash VAT on hospitality firms have been backed by pub and restaurant bosses, and Prime Minister hopeful Andy Burnham. What would this tax break really mean for the economy? The UK’s pubs, hotels and restaurants say they are at breaking point. Higher business rates, hikes to national insurance and minimum [...]

  • Hospitality leaders ramp up pressure on Labour to slash VAT

    June 11, 2026

    Leaders of top hospitality firms have ramped up pressure on Labour to slash VAT, which they warn is leading to hundreds of thousands of job losses. Pub chains JD Wetherspoon, Fuller’s and Greene King, as well as hotel giant Hilton and Mexican restaurant chain Wahaca, have thrown their weight behind a campaign to cut Value [...]

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