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hospitality pressure

  • Wetherspoon boss attacks Labour for ‘high street dereliction’ as profit falls

    Hospitality

    Pub chain Wetherspoon has hit out at the government for causing “high street dereliction” by hiking taxes, as the company’s profit slipped by a quarter.  The London-listed pub group saw revenue jump by five per cent to £2.2bn in the year to July – in line with analyst forecasts – though pre-tax profit fell further [...]

    JD Wetherspoon expects a "reasonable" outcome for the financial year
  • Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street 

    Hospitality

    Britain’s pubs have few more committed defenders than Sir Tim Martin. The Norwich-born businessman founded JD Wetherspoon in 1979 when he bought his first pub in Muswell Hill, initially named Martin’s Free House.  Since rebranding the pub to Wetherspoon – named after a former teacher of Martin’s who could not control his class – it [...]

    Older man with grey hair and blue glasses speaking passionately, mouth open, against a dark background.
  • Hospitality sector blasts Burnham’s uncapped tourist tax

    Economics

    The hospitality sector has blasted proposals from Andy Burnham’s government to introduce a fresh tax on tourists. The industry has been left reeling after the government confirmed a new overnight levy on tourists that will have no upper cap. Regional authorities are set to be handed the power to introduce a levy to support regional [...]

    Andy Burnham and Angela Rayner laughing, looking at a document in a casual meeting setting
  • Giving Neets jobs in hospitality would generate £2.3bn, Hilton claims

    September 9, 2026

    Hilton has urged the government to encourage unemployed young people into hospitality, claiming that filling all the industry’s vacancies would add £2.3bn to the economy.  The hotel group, in collaboration with trade body UK Hospitality (UKH), has urged Andy Burnham to lower taxes on hospitality firms to give them the breathing space to take a [...]

  • Itsu blames inflation and Labour tax hikes as rising costs bite

    September 9, 2026

    Itsu has posted its third consecutive annual loss as the Asian food-to-to chain blamed surging inflation and Labour hikes to employment taxes for its rising costs. The edamame eatery, founded by the grab-and-go tycoon behind Pret a Manger, said the UK’s fast food industry is suffering from fragile consumer confidence and a rising tax burden.  [...]

  • ‘Dwarfed by other costs’ – Why cutting business rates for pubs won’t save the sector

    July 24, 2026

    Andy Burnham has unveiled his long-awaited support for the UK’s struggling pubs, but the hospitality industry is contending with far more pressures than just business rates Andy Burnham’s pledge to cut business rates for pubs, clubs and music venues is expected to save each venue more than £1,000 next year in a move that comes [...]

  • Tax hikes call time on two pubs a day crushing 2,400 jobs

    May 5, 2026

    The government’s bitter round of tax hikes imposed on the hospitality industry is said to have forced the closure of two pubs a day in the first three months of the year in yet another blow to the already bruised sector. Figures from the Beer Bar and Pub Association (BBPA) showed 161 pubs across Britain [...]

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

    April 17, 2026

    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 [...]

  • London is the best food city in the world – here are 3 reasons why

    February 25, 2026

    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 [...]

  • 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 [...]

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