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Hospitality

  • Simmons: Bar chain owed millions to OakNorth, tax collectors before entering administration

    August 6, 2025

    Simmons owed millions of pounds in debts to OakNorth bank and tax collectors before it was put into administration, fresh corporate documents have revealed. The London-based cocktail bar chain has made at least 30 staff redundant alongside closing several sites as founder Nick Campbell battled to secure rescue funding to buy the company in a [...]

  • We are governed by people who don’t know what they’re doing

    August 6, 2025

    Almost 100,000 jobs in the hospitality sector have disappeared since the government unveiled its hike to employers’ National Insurance Contributions, and lowered the threshold at which it is paid. Employers have also had to contend with a rise in the minimum wage amid a storm of other headwinds including inflation, energy costs and generally weak [...]

  • London cocktail chain Simmons enters administration amid site closures

    August 5, 2025

    London cocktail chain Simmons has entered administration after announcing plans to close at least four sites as it became the latest victim of the immense cost pressure facing hospitality firms. The upmarket bar group, which had operated more than 20 venues across the UK, has appointed advisory firm Kroll to oversee the administration, company filings [...]

  • Labour to introduce new licensing rules to boost high street venues

    July 26, 2025

    The Labour government has pledged to simplify the opening process for new high street venues in a bid to ramp up British hospitality prospects. Chancellor Rachel Reeves has said new licensing framework, which comes as part of Labour’s overhaul on planning, plans to fast-track permissions for al fresco dining, helping to “protect pavement pints”. The [...]

  • Compass: Catering giant buys Vermaat Groep in £1.3bn deal

    July 22, 2025

    Compass has agreed to acquire European food services business Vermaat Groep for €1.5bn (£1.3bn). Shares in the hospitality giant rose by more than five per cent in early trades. Vermaat, which is a market leader in the Netherlands, will give Compass a “unique opportunity” for sustainable growth in Europe, the catering company told markets this [...]

  • The rise of slottification: Why can’t I have any fun in London without booking?

    July 22, 2025

    When a boy cannot even go to a pond without booking it on a desktop app, something has gone wrong in London, writes Matt Waksman.

  • The Debate: Should we turn empty City office blocks into nightlife venues?

    July 16, 2025

    A new report has imagined a future where ravers head to the disused office blocks of the City on the weekends. Is it madness or genius?

  • How artisan mezcal brand Zacal is hoping to storm the UK’s alcohol market

    July 16, 2025

    If you’ve been to a London bar recently, chances are you’ve seen a mezcal margarita on the menu. Having already found popularity in the US, the once-small market is rapidly expanding into the UK, helped by a shift towards ‘less but better’ consumption. Zacal is one of the brands hoping to make the most of [...]

  • London’s nighttime economy is crumbling. Yet the show must go on

    July 9, 2025

    The government has hammered the nighttime economy, but the show must go on, writes London Cabaret Club CEO Evelina Girling.

  • Charities ‘penalised’ by Rachel Reeves’ taxes   

    July 8, 2025

    Chancellor Rachel Reeves’ hike to employers’ national insurance contributions (NICs) has “penalised” staff at charities up and down the UK, a new study has suggested.  Rachel Reeves has reportedly suggested the £20bn tax raid on mid-sized firms was “low hanging fruit” to provide extra funding for the NHS and schools. But the collateral damage from [...]

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