Wetherspoons: Pub group hikes dividend despite cost warning March 21, 2025 Pub giant J D Wetherspoon has reported a dip in profits in its half-year results despite an uplift in sales, while chairman Tim Martin warned that rising labour costs and tax disparities are set to hit the pub industry hard. Its share price fell more than seven per cent in early trades. Like-for-like sales rose [...]
All the pubs hiking the price of a pint after Budget tax raid March 19, 2025 Shepherd Neame announced this morning that it would be forced to raise prices at its 290 pubs due to cost pressures from last October’s budget. The family business follows a host of other hospitality companies in raising prices, with the average price of a pint set to go up by six to eight per cent, [...]
Shepherd Neame: Pub prices to rise as Budget costs hit March 19, 2025 UK hospitality chain Shepherd Neame, Britain’s oldest brewer, has said it will increase prices at its pubs to deal with cost pressures from the government’s tax raid on businesses. The national living wage and employers’ national insurance contributions (NICs) will both increase from April, as announced in last October’s budget. The increase in labour costs [...]
Rachel Reeves must act now to save pubs, City broker warns February 20, 2025 Peel Hunt has become the latest broker to issue a warning that British pub culture is at risk due to structural pressures and tax hikes. Hospitality was the biggest driver of economic growth in both November and December, according to the latest government figures. But tax rises in the October budget “halted and reversed a [...]
Almost 300 pubs closed last year ahead of cost rises February 17, 2025 The British Beer and Pub Association warned that urgent Government action is needed to avoid more “completely avoidable” closures.
Live forever? Why the future of Brit pop depends on pubs February 15, 2025 Bands like Oasis honed their craft playing on sticky carpets in pubs, but with the sector struggling the future of live music is in peril too, says Mick Forster The recent rush for Oasis tickets proved one thing – Britain’s love for live music is as strong as ever. It’s woven into our culture and [...]
Hospitality sector still reeling from Labour’s Budget February 5, 2025 The high drama of a global trade war competes for coverage with Keir Starmer’s EU reset, impending interest rate decisions and Nigel Farage’s lead in the opinion polls. News moves fast, and the spotlight moves on. For their part, politicians are always among the most eager to ‘draw a line under it’ and move on; [...]
‘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 [...]
Can rugby union and the Six Nations survive behind TNT paywall? January 28, 2025 For the next two months, up and down the country, you’ll walk into the pub when the Premier League is supposed to be on and instead see Six Nations rugby. It is testament to the reach of a tournament that, despite football being the national sport, kicks off its rivals for the bumper Saturday and [...]