Brits on tour: It’s getting cheaper to fly to our favourite overseas destinations July 29, 2016 With your pre-flight pint from Wetherspoon under threat, you might be of the view that it’s not worth going on holiday any more. But cheer up – flights to our favourite destinations are becoming cheaper. The average price of flights to Britons’ top 50 holiday destinations fell 22 per cent between 2015 and 2016, according to [...]
Fuller’s brews mixed results as premium pub sales rises but beer demand falls July 21, 2016 London brewer and pub owner Fuller, Smith and Turner's premium pubs business grew in the second quarter in a "challenging" trading environment, but the company was hit by a drop in beer and cider demand. The figures Like-for-like sales in the company's managed pubs and hotels division rose 2.1 per cent in a trading update for the 16 [...]
Wetherspoon’s boss: Everyone cheer up about Brexit July 13, 2016 All this doom-mongering has become too much for Wetherspoon's boss Tim Martin, who finally came out and said it this morning: everyone needs to cheer up about Brexit. Martin, who in the run-up to the referendum was so passionately pro-Brexit he had special beermats printed, hit back at "unprecedented and irresponsible doom-mongering", warning that all [...]
Week ahead: Fashion retailers and builders are in the spotlight July 11, 2016 Alongside the Bank of England’s first meeting after the UK voted to quit the European Union it will be a busy week of corporate numbers. Bank of England officials announce their monetary policy decision on Thursday and many economists are expecting a loosening of interest rates. The FTSE 100 rose to its highest level in [...]
Union Unite seeks job security assurance as Carlsberg dismantles secondary logistics arm and outsources 900 jobs June 30, 2016 The trade union Unite has said it is "dismayed" at brewer Carlsberg's proposals to outsource 900 jobs at its beer distribution arm. Carlsberg announced yesterday it will complete the transfer of its remaining secondary logistics operations to DHL Tradeteam no later than March 2018. The move follows a strategy change announced in November last year to cut [...]
George Osborne to break Brexit silence and try to reassure UK on economy June 26, 2016 George Osborne is to break his post-EU referendum silence on Monday morning. The chancellor will seek to provide reassurance about financial and economic stability following the UK’s vote for a Brexit. Read more: This is the end of Cameron and Osborne, says Danny Blanchflower Along with Prime Minister David Cameron, who announced his resignation on [...]
Business leaders spar in rowdy final debate ahead of tomorrow’s vote June 22, 2016 Business leaders locked horns over the impact of Brexit on the UK economy tonight, with the final debate before tomorrow's vote revealing a deeply divided TV audience. Stark warnings about the economic ramifications from the Treasury and the Bank of England took centre stage during the raucous debate in which veteran broadcaster Jeremy Paxman struggled to maintain control during a string [...]
EU referendum: Diageo chief executive backs Remain in letter to UK employees June 20, 2016 The chief executive of Diageo has written to the company's UK staff outlining his arguments for voting to remain in the EU. Ivan Menezes, who has been at the helm of the British giant behind Bailey's, Guinness and Smirnoff since July 2013, said in the letter sent to all 4,773 British employees this morning that his arguments were clearly a [...]
EU referendum: JD Wetherspoon has printed new Brexit beer mats – this time they’re directed at George Osborne June 20, 2016 Clearly not content with offering just one round of Brexit beer mats, JD Wetherspoon has printed another set – and this time George Osborne is in the firing line. The pub group, led by the staunchly pro-Brexit Tim Martin, has printed 500,000 of the new beer mats for use across its 920 UK pubs ahead of [...]
Fuller’s takes on JD Wetherspoon, warning of “significant” Brexit risk June 10, 2016 Pub chain Fuller’s has gone head to head with rival JD Wetherspoon by warning a Brexit would be a “significant risk to the viability of the business”. But Fuller, Smith and Turner, which today reported a rise in profits and revenue in the year to 26 March, has said it will have in place plans to [...]