‘Dwarfed by other costs’ – Why cutting business rates for pubs won’t save the sector Hospitality Andy Burnham has unveiled his long-awaited support for the UK’s struggling pubs, but the hospitality industry is contending with far more pressures than just business rates Andy Burnham’s pledge to cut business rates for pubs, clubs and music venues is expected to save each venue more than £1,000 next year in a move that comes [...]
Wetherspoons and Young’s toast World Cup success as shares rocket Hospitality Wetherspoon and other top London-listed pub groups have surged in value over the course of the World Cup as millions of revellers toasted the hot weather and the Three Lions’ success. Tim Martin’s budget pub chain, which is listed on the FTSE 250, has gained more than £75m in value since the start of the [...]
Young’s pubs score World Cup trading boost Hospitality Young’s has seen a surge in trading as a result of England’s success so far in the World Cup, the pub operator said. The FTSE-listed hospitality firm said its nine per cent jump in revenue in the last 14 weeks was in part driven by the initial stages of the World Cup, where England has [...]
How Young’s is shrugging off hospitality gloom June 3, 2026 Like many of his Square Mile customers, Young’s boss Simon Dodd knows how to schmooze with booze. Three years ago, the listed pub chain exec invited rival Clive Watson, the founder of City Pub Group, for lunch at Smiths, the top-notch bar and grill atop Smithfield market, for a steak and a glass of wine. [...]
Anglo Asian to keep Aim listing ‘under review’ in push to treble copper output May 27, 2026 An Azerbaijani miner has said it was keeping its listing on Aim under regular review as it seeks to evolve into a mid-market commodities group that is on course to more than treble its copper output over the coming year. Anglo Asian vice president Stephen Westhead told City AM that while the company was “currently [...]
Oyster Shed: Jeremy Clarkson’s Hawkstone helps pub chain Young’s to biggest day of takings in 200 years May 22, 2026 One of the Square Mile’s best-known watering holes has marked the biggest single day of takings of any venue owned by pub chain Young’s since it was founded nearly 200 years ago, City AM can reveal. And the Oyster Shed had a helping hand from one of the best-known names in UK television: Jeremy Clarkson, [...]
‘We’ll keep acquiring’: Young’s sets sights on buying up dozens more London pubs May 21, 2026 One of London’s biggest pub chains has said it wants to buy up dozens more pubs after cheering the success of recent takeovers. Young’s, which currently operates around 280 pubs across the country, has set a medium-term target of expanding its estate to 350 pubs. The group has been on a major acquisition spree over [...]
Iran war: Independent pubs face ‘devastating’ energy costs March 17, 2026 Independent pubs could be left vulnerable to spikes in energy costs caused by the Iran war, while their larger competitors enjoy the security of fixed energy deals. Landlords across the UK could face “devastating” costs if energy prices continue to rise, trade body UKHospitality has warned. Blockages to the Strait of Hormuz, a crucial shipping [...]
Pubs to open late during World Cup – a life raft for hospitality? February 24, 2026 Though the Labour government and the country’s thousands of pub landlords have very rarely seen eye-to-eye in recent months, the World Cup could bring a summer truce to this fiery dispute. Hospitality trade bodies and one of the country’s biggest pub chains have told City AM they welcome the government’s move to allow pubs to [...]
Young’s ditches AIM as pub chain eyes FTSE 250 inclusion January 22, 2026 Young’s has become the latest company to unveil plans to quit London’s small-cap stock market as the pub giant sets its sights on inclusion into the FTSE 250. The Wandsworth-based business said it will apply to join the main market of the London Stock Exchange, in a move which it said will “enhance the company’s [...]