One pub to close every day in 2025, new data reveals hospitality Small pubs are being forced to close in the face of unsustainable costs pressures, according to new data. The British Beer and Pub Association (BBPA) has estimated that 378 pubs will close this year across England, Wales and Scotland, amounting to more than 5,600 job losses. The industry body pointed to the heavy pressure of [...]
Pubs and bars to watch the Club World Cup in London Sport The Club World Cup kicks off this evening (well, at 1am tomorrow morning) with 32 teams looking to win a trophy few really wanted to fight for a couple of months ago. But it is a great chance for Londoners to have a late night drink and watch some random clubs, including Manchester City and [...]
Wetherspoon, Marston’s and Young’s manage to fend off UK pubs crisis – for now hospitality Some of the UK’s biggest pub chains – JD Wetherspoon, Marston’s and Young’s – have all proved surprisingly resilient in avoiding the hospitality crisis predicted last Autumn. The London-listed companies have all reported better-than-expected trading over the last year, despite very low business and consumer confidence. In an update to markets this morning, Marston’s reported [...]
‘Rachel Reeves, you must do better’: Chancellor urged to act before hospitality’s collapse February 4, 2025 Chancellor Rachel Reeves has been told to take urgent action to prevent the collapse of thousands of hospitality businesses across the UK. In an open letter Sacha Lord, who was until recently Andy Burnham’s night time economy adviser for Greater Manchester, said he no longer considers Labour to be the party of “business and growth”. [...]
Breakfast and brunch fuel sales surge at pub giant Butcombe January 29, 2025 A surge in customers ordering breakfast and brunch has helped sales surge at pub and brewing group Butcombe. The North Somerset-headquartered group has reported an increase in its total managed like-for-like sales of 7.8 per cent for the year to 25 January, 2025. Its food category jumped by 12 per cent while both accommodation and [...]
London pubs giant targets new openings after sales success January 27, 2025 One of London’s largest independent pubs and dining groups is preparing for further expansion after reporting a jump in sales for its latest financial year. Urban Pubs & Bars (UPB) has announced that its turnover increased by 16 per cent to £60.5m in the 12 months to 28 April, 2024. The group added that the [...]
Brewdog: James Watt ‘frustrated’ as brewer loses almost £60m October 16, 2024 Brewdog remains in the red despite a sharp uplift in its sales during its latest financial year, founder James Watt has revealed. In a post on social media, the former CEO said the Aberdeenshire-based business increased its revenue by 14 per cent to £366m in 2023. He added that it cut its operating loss to [...]
Cheers! The Square Mile is officially the easiest place in the UK to find a pint September 11, 2024 If you’re on the hunt for a pint, look no further than the City of London, which has been named the easiest place in the UK to find one, new research has revealed. The square boasts an incredible 615.92 pubs per 1,000 hectares, putting it miles ahead of the UK average of 10.77, according to [...]
Wetherspoons pubs to make huge price cuts in VAT protest September 5, 2024 Pub giant JD Wetherspoon will make a huge cut to its prices next week in a bid to highlight what it describes as the benefit of a permanent VAT reduction in the hospitality industry. The London-listed giant, which has sites across the country, will be reducing the price of its food and drink by 7.5 [...]
JD Wetherspoon: Tim Martin’s chain reveals when its new London Waterloo pub will open August 27, 2024 Sir Tim Martin’s JD Wetherspoon will open a new pub in Waterloo Station next week, creating 70 jobs and serving Brits waiting for delayed trains. The budget boozer said it has spent £2.8m on developing the new watering hole, called the Lion & the Unicorn, inspired by a building from the 1951 Festival of Britain. [...]