Not-so-drastic Dave: Diageo boss defies expectations of slash-and-burn reign February 25, 2026 ‘Drastic Dave’ Lewis, who gained a reputation for cost-cutting and ruthless rationalisation during his time at Unilever and Tesco, was more ‘demure Dave’ when announcing Diageo’s first results of his tenure as chief executive. The spirits giant has been struggling in recent years, with its share price down 22 per cent year-on-year – and Lewis’ [...]
The 18 best pubs in the City of London – picked by experts February 24, 2026 The City of London has some of the best old boozers in the country, from sprawling Victorian gin palaces to squat little drinking dens squirrelled away down forgotten alleyways. We asked the reporters at City AM – who know the Square Mile better than anyone – to name their best pubs in the City of [...]
Brewdog: HSBC could seize brewery if no buyer found February 23, 2026 Brewdog’s sprawling Scottish brewing estate could be seized by HSBC if the craft beer firm fails to find a buyer to steady its finances. Brewdog has agreed for its debts to be secured against its brewery in Ellon, Aberdeenshire, meaning it could lose its huge brewing estate if it cannot pay up. Co-founder James Watt [...]
Brewdog co-founder to plough millons into rescue bid for the struggling brewer February 21, 2026 James Watt, the co-founder and former boss of Brewdog is to plough £10m of his own money into the company in a rescue bid for the craft brewer. According to reports from Sky News, Watt, who stepped down as Brewdog’s chief executive in 2024, is assembling financial backing from external investors for the group. Insiders [...]
Minimum wage is lowering standards of living, argues Wetherspoons boss February 21, 2026 The founder and chairman of budget pub chain JD Wetherspoon has warned that minimum wage is making lowering people’s living standards by limiting companies’ ability to increase pay and hire. Sir Tim Martin argued that rather than serve as a safety net to protect workers, minimum wage is now doing more harm than good, following [...]
Franco Manca owner appoints advisers for possible sale February 20, 2026 The group which owns pizza chain Franco Manca and The Real Greek restaurants has hired advisers to review its strategic options in a possible first move of a sale or restructuring. Fulham Shore said on Friday it had appointed advisors Alvarez & Marsal, and reports say a sale could be on the table. The UK’s [...]
Full house: Gen-Z flocks to bingo halls in latest leisure trend February 18, 2026 Following in the wake of analogue trends including vinyl, polaroid cameras and Nokia phones, Gen Z Brits could be swarming into bingo halls as they take their retro obsession back to the 1950s. Buzz Bingo, which operates at 79 sites in the UK including five in London, claims interest from young people is driving its [...]
Victor Garvey’s mad new MATER1A concept is a Willy Wonka-esque theatre of gastronomy February 18, 2026 MATER1A, 115 Westbourne Grove, W2 4UP | ★★★★★ | Cuisine: Japanese, fine dining, tasting menu A benefit of having written restaurant reviews for 15 years is that you begin to see the overarching warp and weft of the business, the trends that slowly emerge and dissipate, the way hospitality gradually evolves, holding up a mirror [...]
Third of young Brits brew business ideas at the pub February 18, 2026 A third of young Brits have come up with a business idea over a pint at their local boozer, new research has revealed. Brits are finding unlikely entrepreneurial inspiration in pubs as 18 per cent of all people in the UK have had a light-bulb business moment here, according to new polling by GoDaddy. This [...]
Hospitality crisis pushed thousands of firms to shut in 2025 February 17, 2026 Thousands of hospitality industries were forced to call time last year, as soaring operating costs took their toll. The owners of 3,353 accommodation, food and drink firms entered insolvency proceedings in the twelve months to December 2025, according to the Buchler Phillips hospitality index. These insolvencies spell out the impact of food inflation and climbing [...]