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Hospitality

  • Brewdog could mount $1bn resurgence, new owner says

    April 16, 2026

    The new owner of Brewdog has said the craft beer brand can be worth $1bn, as the firm tries to “rebuild” the brand to its former glory.  Tilray, a US-based cannabis and alcohol products firm, said it plans to pile significant investment into Brewdog to make it profitable next year and propel it towards a [...]

  • Franco Manca shuts 16 restaurants, blaming ‘disproportionate’ taxes

    April 15, 2026

    Franco Manca has taken aim at “disproportionately high” taxes facing the hospitality sector after the pizza parlour shut 16 restaurants in a structural overhaul. The privately-owned restaurant chain said it is suffering from high VAT and “significant” hikes to national insurance and minimum wages, with the site closures to cost hundreds of jobs. The move [...]

  • Tottenham Hotspur hospitality: Trendsetting innovation in action

    April 14, 2026

    City AM visited the Tottenham Hotspur Stadium during Tyson Fury’s fight with Arslanbek Makhmudov. Trends change, and keeping up with them can be difficult. Haute Couture fashion houses pump out two collections each year; whether you’re an Xbox or PlayStation user can alter depending on technological advancements in model generations; across sport, meanwhile, the “in” [...]

  • 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 [...]

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