Itsu blames inflation and Labour tax hikes as rising costs bite September 9, 2026 Itsu has posted its third consecutive annual loss as the Asian food-to-to chain blamed surging inflation and Labour hikes to employment taxes for its rising costs. The edamame eatery, founded by the grab-and-go tycoon behind Pret a Manger, said the UK’s fast food industry is suffering from fragile consumer confidence and a rising tax burden. [...]
‘Vertical drinking’ row rumbles on in Westminster September 8, 2026 Sadiq Khan has hit out at the “breathtaking arrogance” of Westminster council, accusing the authority of ignoring public and industry opposition to its reported plans to crack down on so-called vertical drinking in the borough. The mayor of London has slammed the council for pushing ahead with its new licensing policy, which also imposes restrictions [...]
‘King of Mayfair’ Richard Caring hits out at ‘lacklustre’ economy September 7, 2026 Richard Caring, dubbed the ‘King of Mayfair’, has blamed the UK’s “lacklustre” economy for falling sales at his luxury restaurant group. The hospitality tycoon’s Caprice Holdings reported a four per cent dip in revenue to £90.5m in the year to January, which it blamed on rising employment costs and US tariffs. Caring’s hospitality group includes [...]
Ghost Ship brewer Adnams cuts staff after ‘challenging’ trading September 4, 2026 Adnams, the brewer of Ghost Ship ale, has resorted to letting go of staff as it takes emergency measures to face up to “challenging” trading conditions. The Suffolk-based brewer and pub owner told shareholders it has kicked off “a series of operational, commercial and labour management initiatives” after facing worse-than-expected sales at the start of [...]
Holiday Inn owner IHG urges Burnham to drop tourist tax September 3, 2026 The UK boss of Holiday Inn-owner IHG has urged Andy Burnham to drop plans for a tourist tax, which they said will deter tourists and investors from the country’s hospitality sector. Neetu Mistry, the hotel group’s UK and Ireland managing director, told City AM that she has directly warned the government against the policy, which [...]
Brewdog founder James Watt hits out at ‘total silence’ over new venture August 26, 2026 Brewdog co-founder James Watt has hit out at the “total silence” surrounding his latest venture, a drink designed to prevent hangovers. The craft beer tycoon wrote on LinkedIn: “Normally, if I cough loudly, three journalists file copy about it. Yesterday we did a world first and the press said nothing. “Not a peep. Total silence,” [...]
Burnham accused of ‘piecemeal’ business rates reform August 24, 2026 Andy Burnham has been accused of taking a “piecemeal” approach to business rates instead of committing to Labour’s manifesto pledge to replace the tax system. The government has launched a review into how business rates bills are calculated for pubs and hotels, but industry bodies have urged the Prime Minister to commit to wholesale reform [...]
Treasury launches business rates review for pubs and hotels August 24, 2026 The Treasury has launched a review into how business rates are calculated for pubs and hotels in the government’s latest bid to boost businesses operating in town centres. Launched on Monday, the government said the review will “look at improving fairness for businesses” and will aim “to ensure the system is fair and transparent, and [...]
Travelodge boss quits amid backlash over hotel sexual assault August 20, 2026 Travelodge boss Jo Boydell has quit as the budget hotel brand pursues an overhaul of its safety measures following a sexual assault at one of its sites. The group said on Thursday that Boydell will depart with immediate effect after 13 years in the role, thanking the chief executive for her “dedication” to the group. [...]
Diageo boss ‘drastic’ Dave Lewis eyes £20m pay deal as 2,000 jobs slashed August 18, 2026 Diageo boss Sir Dave Lewis could take home as much as £20m in pay for the next year, it has emerged, while the drinks giant sheds 2,000 staff. The chief executive of the Guinness and Smirnoff maker could make as much as £20m in the year to June 2027, though he is more likely to [...]