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      Family businesses still face inheritance tax cliff edge

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pub

  • Greene King: Pub giant calls for ‘urgent help’ after losing £150m

    May 19, 2025

    Pub giant Greene King has issued an urgent plea to the government for help after slumping to a near-£150m loss in 2024. The Suffolk-headquartered group fell to a pre-tax loss of £147.1m during its latest financial year, having posted a profit of £45.2m in 2023. Greene King, which operates around 2,600 pubs, restaurants and hotels across England, [...]

  • Wetherspoon, Marston’s and Young’s manage to fend off UK pubs crisis – for now

    May 13, 2025

    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 [...]

  • Higher taxes will force two-thirds of hospitality business to cut jobs

    February 24, 2025

    The hospitality sector will be drastically affected by higher taxes on employees’ wages, a new survey has found. A majority of businesses will reduce employment, while over one in ten have to close at least one site and just under two thirds will cancel investment, according to UKHospitality. The UK’s three core hospitality trade bodies [...]

  • ‘This is Keir Starmer’s Poll Tax’: Labour warned inheritance tax protests won’t stop

    February 17, 2025

    The Labour government’s reforms to farmers’ inheritance tax announced in the Autumn Budget has been branded as “Keir Starmer’s Poll Tax”. William Lees-Jones, who owns and runs Manchester-based JW Lees, which has produced real ale since 1828, added that the Prime Minister is “losing the argument and feeling rattled”. The pubs boss has liked the policy, which [...]

  • ‘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”. [...]

  • Where to watch the 2025 Six Nations in London, from sports bars to posh pubs

    January 30, 2025

    The Six Nations seems to come around faster and faster every year, and the 2025 edition will kick off on Friday. Across five of the next seven weekends, beginning on 31 January, a total of 15 matches will be broadcast across London. So City AM has done the hard and collected the best pubs and [...]

  • 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 [...]

  • Pub chain Marston’s toasts record festive sales boost

    January 21, 2025

    Pub chain Marston’s has reported a “solid” festive quarter and record sales on Christmas day in another good sign for the hospitality sector. Total retail sales in the 16 weeks to January 18 were up three per cent, driven by growth in both food and drink sales, Marston’s said. Like-for-like sales during the same period [...]

  • Pub giants allay fears of hospitality crisis despite higher wage bills

    January 15, 2025

    Pub giants Mitchells & Butlers and Fuller, Smith & Turner have both expressed confidence as the firms adapt to higher wage bills, in a positive sign for an industry which warned of crisis last year. Mitchells, the owner of Harvester, Toby Carvery and All Bar One, reported like-for-like growth of 10.4 per cent over the [...]

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