Annabel’s profit trebles as Mayfair club defies hospitality gloom February 16, 2026 One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]
Brewdog calls time as advisers brought in to assess bidders February 14, 2026 Independent craft beer brewer, Brewdog, has called in advisers to oversee a sale that could trigger a break-up of one of Scotland’s well-known businesses. The board of Brewdog, which brands include Punk IPA and Elvis Juice, has appointed restructuring experts Alix Partners to attract interest from potential bidders, first reported by Sky News. Sources said [...]
Angela Rayner and Andy Burnham criticise pub tax raid February 12, 2026 Two prominent potential leadership challengers to Sir Keir Starmer have attacked the government’s tax regime for putting hospitality businesses, and particularly pubs, under serious pressure. Angela Rayner acknowledged that the hike to the minimum wage has put pressure on hospitality businesses, and said that the government needs to “start relieving” the sector. Starmer’s former deputy [...]
Landlords ‘underestimated’ scale of business rates overhaul February 11, 2026 The architect of Labour’s business rates overhaul has blamed the political backlash to the controversial policy on landlords and industry chiefs not fully understanding that a pandemic-related subsidy was coming to an end. Treasury minister Dan Tomlinson told MPs that business owners were taken off-guard by the scale of their tax rise because they weren’t [...]
Bar of the week: Why Three Sheets is a little slice of old Soho February 10, 2026 Three Sheets Soho | 13 Manette St, W1D 4AP This new column celebrates the great drinking holes of London, the pubs and bars that keep the capital lubricated despite the government’s best attempts to send them crashing out of business. Last week I profiled The rising Sun, the Victorian gin palace that claimed our Best [...]
Are we seeing the death of the corporate box in sports stadiums? February 10, 2026 The future landscape of sports stadiums is undergoing a radical revolution: clubs and architects alike are growing in confidence, wanting their arenas to be 365-day businesses that go far beyond the 90 minutes of enjoyment football offers. Look at the planned chimneys on Birmingham City’s master plan and the three towers on Manchester United’s 100,000-seat [...]
Wetherspoon boss backs Reform pub package – and defends dog policy February 9, 2026 Sir Tim Martin, chairman of JD Wetherspoon, has called on hospitality firms to back Reform’s proposed pub support package, arguing it would “utterly transform” the landscape for pubs. In a stock exchange release, Martin said Reform’s proposals would offer pubs “tax parity” with supermarkets. “By eliminating the tax differential between supermarkets and the hospitality industry, [...]
Top hotel chain calls for Liverpool Street scheme to be rejected February 9, 2026 A top hotel group has called for Network Rail’s £1.2bn Liverpool Street redevelopment to be rejected or deferred, warning that it might not ever be completed. James Francque, global head of transactions at Hyatt, said the scheme is “not financially viable, offers limited operational benefit, and carries a high risk of non-delivery.” “For these reasons, [...]
Pub of the week: Toast Award-winner The Rising Sun on Carter Lane February 4, 2026 Nobody loves a pub as much as City AM. Over the years we have campaigned for them, we have reported on their plight, and we have honoured them in our Toast the City Awards. Now we’re launching a new regular feature celebrating the best drinking holes in the Square Mile and beyond. While the exact [...]
Urban Pubs and Bars defies hospitality gloom with doubling of profit February 2, 2026 One of London’s biggest pub chains has defied hospitality gloom after posting a more than doubling of profit. Urban Pubs and Bars, which operates more than fifty venues across the capital including The Wren in Bank, the Commercial Tavern in Spitalfields and the Punch Tavern in Fleet Street, saw pre-trax profit climb to £1.7m for [...]