German backers of Olympia redevelopment add new £500m investment March 31, 2026 The German investors behind the redevelopment of Kensington’s Olympia exhibition centre have committed an additional £500m as the consortium refinances the project. Deutsche Bank AG will hand a £900m loan to the consortium behind the project, which includes German pension fund Bayerische Versorgungskammer and insurer Versorgungskammer Bayern. The project is one of London’s biggest regeneration [...]
Rocco Forte: Inheritance tax grab has endangered my family firm March 25, 2026 With luxury outposts across Europe, and plans to expand to the Gulf, Rocco Forte Hotels has become one of Britain’s most successful hospitality exports. But after being hit by a wave of damaging policies – including a potentially existential inheritance tax crackdown – he tells Ali Lyon, he is more disillusioned with Britain now, than [...]
Wetherspoon boss Tim Martin hits back at Miliband ‘warm beer’ advice March 20, 2026 The boss of the UK’s best-known pub chain has hit back at Ed Miliband after he issued guidance which sparked concerns that pubs will have to serve warmer beer to keep energy bills down. Tim Martin, chairman of JD Wetherspoon, told City AM pubs will be swiftly overtaken by supermarkets if they opt to cut [...]
Greene King to put 150 pubs on chopping block March 18, 2026 Pubs giant Greene King is considering selling 150 of its pubs and offloading dozens more to franchisees, as its managing director quits. The pub operator, which has 2,500 premises in the UK, has said it will put around 300 of its managed pubs into a separate unit – with 150 of these intended for sale [...]
Bar of the week: Flipdog, the Shoreditch spot stoking its cocktails with a hot poker March 18, 2026 Hot pokers and experimental cocktails? Thanks very much, says Anna Moloney in her write up of new Shoreditch hotspot Flipdog.
Nine in ten hospitality job switchers quit the sector March 13, 2026 Nine in ten workers in hospitality and tourism quit the sector altogether when they switch jobs, as the hiring “churn” drives costs and dampens the industry’s productivity. As many as 87 per cent of hospitality and tourism workers who quit jobs end up leaving the industry for good, while the exit rate stands at 82 [...]
WATCH: From phone business to coffee giant – how Grind carved out a niche March 12, 2026 As retail coffee prices rise and consumer spend declines, the UK’s coffee industry has never been more competitive. US tariffs on coffee-producing countries, hedge fund speculation on commodity prices and increases in business taxes have created a challenging environment. So how has one independent, South London producer managed to beat the odds and find its [...]
Hospitality sector braces for ‘devastating’ tube strikes March 12, 2026 London’s hospitality sector could face “devastating” disruption from upcoming tube strikes, sector leaders have warned. Members of the RMT union, which represents London Underground staff, will strike over 12 days between March and May, and hospitality intelligence firm Access Hospitality has warned sector bosses to prepare now to protect their revenue. The last set of [...]
Is the City still sexy? March 12, 2026 The era of the long boozy lunch and male dominated pints down the pub may be over, but relationships matter more than ever in the Square Mile, says Eva sayers Over glasses of red and lunch at The Quality Chop House (not recommended for vegetarians, like myself), a broker who’s been working in the City [...]
Hugh Osmond-backed restaurant group snaps up pubs to launch new brand March 6, 2026 The restaurant group backed by British businessman Hugh Osmond has bought four pubs for more than £11m as it launches a new brand. London-listed Various Eateries has bought the four sites – in the Cotswolds, Berkshire, Surrey and Hampshire – from Grosvenor Pubs and Inns for £11.5m. The group said “premium” pubs with rooms remain [...]