Fuller’s toasts stellar year as Brits flock to pubs June 11, 2025 Hospitality giant Fuller, Smith & Turner has become the latest UK pub chain to report a stellar year of trading as Brits continue to head to pubs despite financial constraints. The FTSE 250 company told markets this morning that revenue rose 4.8 per cent to £376.3m in the 52 weeks to March 29. Like for [...]
Cheers! City Beerfest returns to Guildhall for 11th year June 10, 2025 City Beerfest will return to Guildhall for its 11th year this July, bringing together food, drink and live music on the site of London’s second-century Roman Amphitheatre. The festival, which has become one of the City of London Corporation’s most popular events, will have over 40 different beers on offer in the Guildhall’s courtyard. It [...]
Young’s: Pub giant raises dividend as earnings jump June 5, 2025 Pub and bar operator Young & Co’s has reported a significant jump its earnings despite surging costs. The hospitality firm, which has 277 pubs across the UK, told markets that revenue rose 24.9 per cent from £388.8m to £485.8m in the 52 weeks ended March 31. The nearly 200-year-old pub business said adjusted operating profit [...]
Fulham Premier League hospitality: Margaritas, caviar and £20,000 season tickets June 4, 2025 Fulham FC’s Riverside Stand features a new Sky Deck offering over three floors. City AM took a look around to see what it was all about. Worth the price tag? You decide. One of the newest features adjacent to the stretch of the River Thames between Putney Bridge and London’s famous River Cafe soars into [...]
Hospitality ranks bottom for UK wages as sector struggles with costs June 3, 2025 Hospitality workers are now the worst-paid employees in the UK as the sector continues to struggle with high costs. A combination of high energy prices, high wholesale prices and high taxes have squeezed margins in the last two years, making it hard for a sector pummelled by the pandemic to recover. Accommodation and food service [...]
Exclusive: Hotels struggle with double whammy of staff costs and pressure on room rates June 2, 2025 Hotels struggled with falling profit in April after margins were squeezed by higher staff hosts and price pressure on rooms. UK hotel payroll costs increased from 31.6 per cent of revenue to 33.3 per cent in April year-on-year, and from 29.5 per cent to 31.4 per cent in London, according to RSM. A slight reduction [...]
Ghost Ship producer Adnams slashes losses May 29, 2025 Ghost Ship producer Adnams has halved its operating loss amid a commercial turnaround plan, although retail sales continue to suffer. The Suffolk-based company, which makes cask ale, bottled beers and spirits, said that sales increased three per cent to £68.1m in the 12 months ended December 31. Its operating loss shrank by more than half, [...]
Hollywood Bowl: Ten-pin bowling operator raises dividend May 29, 2025 Bowling and leisure operator Hollywood Bowl has reported stable trading as it targets a significant expansion in the UK. The company reported like-for-like revenue growth of 2.1 per cent in the six months ended March 31, with UK like-for-like total revenue up 1.3 per cent. It said revenue was dented by a late Easter and [...]
Spending in pubs surges as Brits flock to beer gardens May 28, 2025 Pubs enjoyed a boost in April during the sunny spring weather as Brits opted for outdoor beer gardens over indoor restaurants. Like-for-like sales growth at pubs reached 9.1 per cent year on year, according to the latest CGA RSM Hospitality Business Tracker. Sales across all hospitality outlets were 4.2 per cent ahead of April 2024 [...]
UK nightlife economy under pressure as venues struggle May 27, 2025 The UK’s nightlife industry, once a powerful driver of urban business, faces mounting pressures as shifting consumer habits, economic headwinds and regulatory challenges tighten the squeeze on late-night operators. Phil Urban, chief executive of one of the UK’s largest pub and bar chains, Mitchells & Butlers, has warned that the late-night segment is “the toughest [...]