‘Rachel Reeves, you must do better’: Chancellor urged to act before hospitality’s collapse hospitality 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 hospitality 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 hospitality 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. [...]
London pub group handed lifeline after administration and closure woes August 6, 2024 A London pub company that partly collapsed into administration earlier this year and closed a number of sites has agreed a £61m deal.
England fans drink in Euros final with pub spending spree July 17, 2024 The number of orders made at pubs nearly tripled on the day that England played Spain in the Euros final, as football fans flocked to watering holes to see Gareth Southgate's side in their second final in three years.