‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
‘Relentless pressures’: More hospitality firms forced to shut even before Iran war Hospitality The rate of corporate collapse in hospitality surged in February in signs the sector was struggling to stay afloat even before the Iran war brought further cost pressures. The number of accommodation and food service firms declaring insolvency jumped by 22 per cent to 270 in February, according to government data. This acceleration of the crisis [...]
Beer fear: CO2 shortage could lead to state-backed beer at World Cup Sport Business Brits face drinking state-backed beer during the Fifa World Cup as CO2 shortage fears leave breweries and boozers reliant on government gas. The war in Iran has caused chaos across Gulf shipping lanes with government analysis suggesting a closure of the Strait of Hormuz for a long period of time could lead to shortages of [...]
Brewdog could mount $1bn resurgence, new owner says Hospitality The new owner of Brewdog has said the craft beer brand can be worth $1bn, as the firm tries to “rebuild” the brand to its former glory. Tilray, a US-based cannabis and alcohol products firm, said it plans to pile significant investment into Brewdog to make it profitable next year and propel it towards a [...]
Franco Manca shuts 16 restaurants, blaming ‘disproportionate’ taxes April 15, 2026 Franco Manca has taken aim at “disproportionately high” taxes facing the hospitality sector after the pizza parlour shut 16 restaurants in a structural overhaul. The privately-owned restaurant chain said it is suffering from high VAT and “significant” hikes to national insurance and minimum wages, with the site closures to cost hundreds of jobs. The move [...]
Tottenham Hotspur hospitality: Trendsetting innovation in action April 14, 2026 City AM visited the Tottenham Hotspur Stadium during Tyson Fury’s fight with Arslanbek Makhmudov. Trends change, and keeping up with them can be difficult. Haute Couture fashion houses pump out two collections each year; whether you’re an Xbox or PlayStation user can alter depending on technological advancements in model generations; across sport, meanwhile, the “in” [...]
Energy bills threat recedes but retail and hospitality remain on brink April 8, 2026 Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]
The Debate: Should we scrap the ‘table tax’? April 8, 2026 Pavement licenses mean restaurants have to pay to put tables and chairs outside. Is that fair or is it a tax on enterprise?
‘I fired the board that fired me’: TGI Fridays boss on restaurant turnaround April 8, 2026 TGI Fridays had its heyday in the 1980s but slumped into administration last year. Its new boss Ray Blanchette tells Felix Armstrong the nostalgic chain can win back Britain after a period in turmoil. “I land at Heathrow and jump in a cab. The plane got in late,” says Ray Blanchette, recalling the day he [...]
Leon founder: Labour ‘killing’ restaurant industry April 7, 2026 The founder of fast food chain Leon has accused the government of “killing” the restaurant industry by saddling the industry with a crushing tax burden. John Vincent, who founded Leon and recently bought it back, said on Tuesday “everyone knows restaurants are done” because of the government’s treatment of hospitality. The government has faced intense [...]
Hotel investment tops £1bn in bumper start to year April 1, 2026 UK hotels attracted more than £1bn investment in the first quarter of this year, as the sector defies business rate rises and market uncertainty caused by the Iran war. Hotel investment volume surpassed £1.1bn in the first three months of the year, marking a 63 per cent increase on the £680m recorded in the same [...]