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hospitality pressure

  • ‘Relentless pressures’: More hospitality firms forced to shut even before Iran war

    Hospitality

    The rate of corporate collapse in hospitality surged in February in signs the sector was struggling to stay afloat even before the Iran war brought further cost pressures.  The number of accommodation and food service firms declaring insolvency jumped by 22 per cent to 270 in February, according to government data. This acceleration of the crisis [...]

    GettyImages 170179379 could depict a general business scenario, such as a diverse team discussing strategy in a modern off...
  • London is the best food city in the world – here are 3 reasons why

    Life&Style

    A month of Michelin madness in the UK draws to a close. Among the many accolades gifted, my personal highlights were seeing Row on 5’s executive chef Spencer Metzger receive a second star and Gordon Ramsay High joining Craig Johnson’s Angler to be the second restaurant with a star in the Square Mile.  The Evolv [...]

    Bustling agora scene with diverse crowd engaging in commerce and conversation, reflecting vibrant marketplace energy
  • The 18 best pubs in the City of London – picked by experts

    Life&Style

    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 (5)
  • Angela Rayner and Andy Burnham criticise pub tax raid

    February 12, 2026

    Two prominent potential leadership challengers to Sir Keir Starmer have attacked the government’s tax regime for putting hospitality businesses, and particularly pubs, under serious pressure.  Angela Rayner acknowledged that the hike to the minimum wage has put pressure on hospitality businesses, and said that the government needs to “start relieving” the sector.  Starmer’s former deputy [...]

  • 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 [...]

  • Britain lost one pub a day in 2025

    December 31, 2025

    One pub a day closed its doors in 2025 as businesses were forced to battle mounting cost pressures and an increasingly heavy tax burden. Fresh analysis from global tax firm Ryan showed 366 pubs were demolished or converted for other uses in the last 12 months. Since 2020, nearly 2,000 pubs have closed for good, [...]

  • 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 [...]

  • ‘I have no confidence in Rachel Reeves to turn things around’

    November 24, 2025

    The chief executive of a luxury hotel group in London has said he has “no confidence” in Chancellor Rachel Reeves ahead of her Budget later this week. Gavin Taylor, who leads Clermont Hotel Group, also branded Reeves as “not particularly business friendly” and that the Chancellor needs to lower the tax burden on companies in [...]

  • 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 [...]

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