Wetherspoon boss attacks Labour for ‘high street dereliction’ as profit falls Hospitality Pub chain Wetherspoon has hit out at the government for causing “high street dereliction” by hiking taxes, as the company’s profit slipped by a quarter. The London-listed pub group saw revenue jump by five per cent to £2.2bn in the year to July – in line with analyst forecasts – though pre-tax profit fell further [...]
Bring ‘punishing’ high street taxes in line with banks, Healey urged Retail John Healey has been urged to bring down the “punishing” tax burden facing the retail and hospitality industries, which is higher than any other sector. Hospitality businesses pay 82p in taxes for every pound and retail pays 72p, compared to the 40p paid by banks, according to new analysis by the British Retail Consortium (BRC) [...]
Can Brewdog get ‘equity punks’ onside in bid to move on from James Watt? Hospitality Craft beer giant Brewdog has launched a reset under its American owners Tilray. Felix Armstrong explores whether the company can truly move on from James Watt Dessert-flavoured beer, provocative ad campaigns, waxy-mustached artisans – much about Brewdog’s long-anticipated reset feels familiar, as if the recently-collapsed craft brewer is really getting back to its roots. But [...]
New Brewdog owner mounts comeback from ‘horrible’ collapse September 29, 2026 The new owner of Brewdog has launched a comeback for the company after it collapsed earlier this year, blaming “horrible” sales during its change of ownership on “negative” media reports. The craft beer firm saw sales slump by as much as 20 per cent year on year following its takeover by US cannabis and drinks [...]
Last orders: Boss of under-fire pub regulator defends her record September 29, 2026 The Pubs Code Adjudicator, Fiona Dickie, is preparing to step away early next year. She tells Felix Armstrong why the beleaguered watchdog deserves a future Can an industry watchdog be effective if it has launched only two investigations in its 10 years of existence? Yes – at least according to Fiona Dickie, the Pubs Code [...]
Lord’s Cricket Ground, West Ham, EY among creditors owed £190m by Brewdog September 24, 2026 Lord’s Cricket Club, West Ham United and Big Four accounting firm EY are among the big-name firms which are owed £190m by Brewdog. The craft beer firm collapsed earlier this year and its administrators have said that its unsecured creditors, who are owed £189.9m, will not be paid back. AlixPartners, Brewdog’s administrators, said there are [...]
Business rates cut will ‘backfire’ for Soho and West End September 22, 2026 John Healey’s plans to deliver an emergency tax cut for high street businesses would fail to boost most firms in London’s busiest areas like Soho and the West End, analysis suggests. The Chancellor is reportedly planning to cut taxes for pubs, shops, cafes and restaurants by hiking the threshold for small business rates relief (SBBR). [...]
‘Less allegation’: Brewdog hits out at former owners September 21, 2026 Brewdog’s new owners have sought to distance the company from its founders James Watt and Martin Dickie with a new campaign that pledges the controversial brewer will be “run properly” and attract a “little less allegation”. The craft beer firm, which is now owned by US cannabis firm Tilray, has launched a multi-million pound campaign [...]
HSBC to lose £17m in Brewdog collapse September 18, 2026 HSBC is set to lose out on more than £17m as part of the administration of Brewdog, the craft beer firm which was sold to a US cannabis group earlier this year. The bank is set to suffer a shortfall of £16.8m from its debts to the collapsed brewer while its Equipment Finance arm is [...]
Burnham told to deliver 10 per cent hospitality VAT after backing tax cut September 14, 2026 More than 800 hospitality businesses have called on Andy Burnham to make good on his support for lower VAT, piling pressure on the prime minister ahead of next month’s Budget. Pub giants, restaurant chains, hotels and some of Britain’s best-known chefs have signed an open letter demanding the government cut hospitality VAT from 20 per [...]