The Square Mile and Me: M Restaurants founder Martin Williams on backpack etiquette and mandatory two hour lunches October 17, 2024 Each week we ask a City figure to take a trip down memory lane. Today it’s Martin Williams, CEO of Groucho and founder of M Restaurants on the City staple’s 10th birthday What was your first job? I started working in hospitality when I was sixteen, as a dishwasher in a grotty hotel in North Yorkshire. I [...]
Concern for British high street as sector set for four-fold tax rise in April October 16, 2024 The double effect of inflation-linked tax bumps, as well as the end of business rate relief for consumer-facing firms, will lead to a four-fold tax increase for high street businesses next April, industry bodies have warned. Industry leaders across the board have been increasingly vocal about the need for reform to business rate taxes, and have [...]
Employer National Insurance hike could risk jobs amid 95,0000 vacancies October 15, 2024 Increasing employers’ national insurance contributions (NICs) could pose a risk to jobs amid some 95,000 vacancies across pubs and restaurants, a hospitality lobby group has warned. Data released from the Office for National Statistics (ONS) today revealed there are a “stubbornly high” 95,000 openings across the sector, including in venues, cafes and eateries. Hospitality UK [...]
Hospitality needs a magic spark of confidence to boom, brewery boss says October 10, 2024 The boss of Britain’s oldest brewer, Faversham-based Shepherd Neame, has suggested that the hospitality industry is nearly ready for a return to a boom period, but only is we serve up a spark of confidence. Neame suggested that if fundamentals remain strong and mortgages continue to fall, consumer spending on hospitality would follow a similar [...]
Marston’s in ‘strong’ position as pub chain outperforms market October 9, 2024 Pub operator Marston’s has reported sales growth ahead of the wider market and said its profit this year will be in line with expectations. The FTSE-listed firm told markets this morning that total retail sales for the 52-weeks to 28 September were 5.8 per cent higher than the prior year, with growth in like-for-like sales [...]
Pasta Evangelists: From ‘pasta le disaster’ to £40m turnover October 9, 2024 After conquering London's pasta takeaway scene, Pasta Evangelists has set its sights on the restaurant industry.
Craft beer fear: Who can save Britain’s breweries? October 9, 2024 Local brewers are shutting up shop. What will come of that local pint of craft ale?
Big NFL fan? These are the top London sports bars to watch American football October 4, 2024 The NFL returns to London this weekend for the first of three matches and, unsurprisingly, every one of them is sold out. So here’s where you can watch the NFL in London. P.S. Reservations recommended for all! Passyunk is NFL hot spot If you ask any NFL fan where they’ll be during a match the [...]
New tips law welcomed but it could cause a headache for hospitality bosses October 1, 2024 A new tipping law, which has made it illegal for companies to withhold tips from employees, has been welcomed by workers and industry bodies but could lead to a headache for employers. Until today, firms were able to choose whether to keep tips made on card, or whether to pass the earnings on to employees. [...]
Groucho Club: Sales rise fails to stop owner sinking further into the red September 27, 2024 A jump in sales at the hospitality group behind London’s Groucho Club failed to stop its sinking further into the red during its latest financial year. Somerset-based Artfarm, which is owned by the Swiss art gallery investors Iwan and Manuela Wirth, has reported a turnover of £42.2m for 2023, up from the £28.6m it achieved [...]