Reeves’ Budget tax hikes force nearly 5,000 pubs to the brink hospitality The tax hikes announced by Chancellor Rachel Reeves in last year’s Budget have contributed to almost 5,000 pubs now being rated at maximum risk and becoming technically insolvent, according to new research. Figures from Price Bailey have revealed that just over 4,7000 pubs are now in that position, a 14 per cent rise on this [...]
Reeves urged to increase alcohol taxes to tackle workplace drinking Politics Pubs and restaurants up and down the country could be forced to serve up higher booze prices as Rachel Reeves has been urged to add fresh alcohol levies to her menu of tax rises at next month’s Budget. The Institute for Public Policy Research, a left-leaning think tank with close ties to the government, has [...]
Hospitality bosses join Tories in opposition to Labour government Politics Hospitality bosses have joined the Conservatives in condemning the Labour government for introducing higher taxes on businesses, rolling out red tape on employment and excluding the sector from growth strategies. Managers at pubs, restaurants and hotels across the UK have warned that the government’s taxes and regulations risk devastating the important sector. Now the Conservatives [...]
Greene King landlords plea for Rachel Reeves to cut bills September 1, 2025 More than 600 Greene King landlords have called on Chancellor Rachel Reeves to lower taxes for pubs ahead of the Autumn Budget as the sector grapples with ever-rising costs. The hospitality industry has been vocal about the cost pressures it has been facing since the Covid-19 pandemic began in 2020, with businesses facing surging energy, [...]
US-style tipping hits UK pubs amid mass closures August 26, 2025 The UK pub industry is facing a new challenge as a controversial trend of implementing US-style tipping gains traction, coinciding with a period of widespread pub closures. A nationwide debate has been sparked by the Well and Boot pub in Waterloo, London, which has introduced an optional four per cent service charge on every drink. [...]
More than 200 pubs closed in six months amid tax hikes August 18, 2025 Eight pubs a week shut their doors for good across the UK over the first half of the year amid rising tax and labour costs, according to new figures. Industry bosses said it is “heartbreaking” and highlighted the need for supportive tax measures from the Treasury in the autumn budget. Official Government statistics show 209 [...]
One pub to close every day in 2025, new data reveals July 10, 2025 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 [...]
Reeves’ tax hikes force Timothy Taylor to raise price of a pint June 13, 2025 Chancellor Rachel Reeves’ tax hikes have forced brewer Timothy Taylor to raise its prices as it slammed the “hostile fiscal and regulatory environment” it now faces. The family-owned brewer said its industry is facing “significant input and labour cost increases” as well as dealing with the fall in business rates relief. Timothy Taylor added that it [...]
‘A tax burden without precedent in the 21st Century’: Pub chain McMullen’s blasts government tax hikes June 6, 2025 One of Britain’s biggest pub chains has taken aim at the government’s “damaging” tax hikes, warning they will lead to lower demand and investment and have forced the hospitality sector to “bear the brunt” of rises in government spending. Hertford-based McMullen’s, which operates around 120 pubs in London and the home counties, including the Old [...]
Young’s: Pub giant raises dividend as earnings jump June 5, 2025 Pub and bar operator Young & Co’s has reported a significant jump its earnings despite surging costs. The hospitality firm, which has 277 pubs across the UK, told markets that revenue rose 24.9 per cent from £388.8m to £485.8m in the 52 weeks ended March 31. The nearly 200-year-old pub business said adjusted operating profit [...]