Energy bills threat recedes but retail and hospitality remain on brink April 8, 2026 Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]
The Debate: Should we scrap the ‘table tax’? April 8, 2026 Pavement licenses mean restaurants have to pay to put tables and chairs outside. Is that fair or is it a tax on enterprise?
‘I fired the board that fired me’: TGI Fridays boss on restaurant turnaround April 8, 2026 TGI Fridays had its heyday in the 1980s but slumped into administration last year. Its new boss Ray Blanchette tells Felix Armstrong the nostalgic chain can win back Britain after a period in turmoil. “I land at Heathrow and jump in a cab. The plane got in late,” says Ray Blanchette, recalling the day he [...]
Leon founder: Labour ‘killing’ restaurant industry April 7, 2026 The founder of fast food chain Leon has accused the government of “killing” the restaurant industry by saddling the industry with a crushing tax burden. John Vincent, who founded Leon and recently bought it back, said on Tuesday “everyone knows restaurants are done” because of the government’s treatment of hospitality. The government has faced intense [...]
Hotel investment tops £1bn in bumper start to year April 1, 2026 UK hotels attracted more than £1bn investment in the first quarter of this year, as the sector defies business rate rises and market uncertainty caused by the Iran war. Hotel investment volume surpassed £1.1bn in the first three months of the year, marking a 63 per cent increase on the £680m recorded in the same [...]
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.