Rachel Reeves must act now to save pubs, City broker warns hospitality Peel Hunt has become the latest broker to issue a warning that British pub culture is at risk due to structural pressures and tax hikes. Hospitality was the biggest driver of economic growth in both November and December, according to the latest government figures. But tax rises in the October budget “halted and reversed a [...]
Sadiq Khan launches new nightlife squad to advise on replacing Amy Lamé Politics Sadiq Khan has launched a new London nightlife taskforce which is expected to advise on whether the former Night Czar, Amy Lamé, should be replaced. The Mayor of London launched the new independent nightlife committee, which will be led by fabric nightclub founder Cameron Leslie, on Tuesday. It is aimed at supporting the capital’s nighttime [...]
Abba Voyage doubles profit as sales pass £100m Business The company behind London’s Abba Voyage experience more than doubled its pre-tax profit as its turnover passed the £100m mark during 2023, it has been revealed. The business has reported a profit of £6m for the 12 months, up from the £3m it achieved in 2022. According to newly-filed accounts with Companies House, Abba Voyage’s [...]
Escape Hunt and Boom Battle Bar owner XP Factory toasts good start to year May 8, 2024 Novelty bar and experience provider XP factory has continued its impressive performance in 2024 with double digit growth across both its brands, Boom and Escape Hunt.