‘Rachel Reeves, you must do better’: Chancellor urged to act before hospitality’s collapse February 4, 2025 Chancellor Rachel Reeves has been told to take urgent action to prevent the collapse of thousands of hospitality businesses across the UK. In an open letter Sacha Lord, who was until recently Andy Burnham’s night time economy adviser for Greater Manchester, said he no longer considers Labour to be the party of “business and growth”. [...]
OYO: Billionaire’s hotel empire to make £50m UK investment February 3, 2025 OYO, the hotel chain founded by Indian billionaire Ritesh Agarwai, has revealed plans to invest £50m in the UK over the next three years and support 1,000 jobs. The news comes after the group, which first entered the UK market in 2018, announced its ambition towards the end of 2024 to open 40 new hotels [...]
Why Chancellor Rachel Reeves opted for the ‘jobs tax’ in the Budget January 28, 2025 The government has frantically been searching for a story to tell on the economy since the turn of the year, after the Budget was so poorly received by both businesses and households.
Pub chain Marston’s toasts record festive sales boost January 21, 2025 Pub chain Marston’s has reported a “solid” festive quarter and record sales on Christmas day in another good sign for the hospitality sector. Total retail sales in the 16 weeks to January 18 were up three per cent, driven by growth in both food and drink sales, Marston’s said. Like-for-like sales during the same period [...]
Eat, drink, sleep, repeat: The best places to avoid Dry January January 16, 2025 Every January, I hang my head in shame. As a business leader who has spent almost three decades championing the finest beverages and hospitality, I must admit I am in no small part responsible for the abomination which is Seedlip, the crown jewel of the no alcohol movement, forced down your throat each “Dry January”. [...]
Longer licensing hours? We can all drink to that January 16, 2025 Sam Bidwell says three cheers for new laws to make it easier to extend licensing hours so pubs and hospitality venues can stay open for longer Slowly but surely, Westminster seems to be waking up to the idea that we can’t avoid the big questions forever. After years of collective head-burying, there is now a [...]
Young’s: Pub chain in ‘great shape’ after Christmas despite Budget burden January 16, 2025 Young & Co have reported an excellent Christmas trading period, with optimism abound despite a higher cost burden for the hospitality sector this year. The pubs-and-rooms operator, which has around 228 pubs and 5,600 employees, said that revenue in the five weeks to January 13 rose 30.4 per cent, with like-for-like sales up 11.6 per [...]
Pub giants allay fears of hospitality crisis despite higher wage bills January 15, 2025 Pub giants Mitchells & Butlers and Fuller, Smith & Turner have both expressed confidence as the firms adapt to higher wage bills, in a positive sign for an industry which warned of crisis last year. Mitchells, the owner of Harvester, Toby Carvery and All Bar One, reported like-for-like growth of 10.4 per cent over the [...]
The Wolseley: Group behind high-end London restaurants eyes new openings January 9, 2025 The group behind some of London’s best-known restaurants is looking to open new locations at home and abroad. The Wolseley Hospitality Group, which is owned by Minor Hotels, currently operates nine high-end restaurants in the capital: The Wolseley, The Delauney, Brasserie Zedel, Colbert, Fischer’s, Belanger, Soutine, Manzi’s and The Wolseley City. The strategy update has [...]
Why the state should stay out of the kitchen January 7, 2025 A think tank has seriously floated the idea of government-run restaurants. The idea belongs in an age of wartime rationing, not the thriving, free-market food scene the City enjoys today, says Matthew Kilcoyne One wonders if the festive sherry stocks have been hit rather hard in certain London think tanks this Christmas. How else to [...]