London businesses lament dismal start to 2023 after another rail strike set for January December 20, 2022 Hospitality leaders have reiterated calls for rail firms and unions to hash out an eleventh-hour resolution to swerve January strikes, after train drivers announced another walk-out. Train drivers at 15 companies in the union Aslef have agreed to strike on 5 January, as part of a long-standing pay dispute. The walkout will take place on [...]
Government to review short term holiday lets like Airbnb in tourist hotspots June 29, 2022 The UK government said on Wednesday it was launching a review into short term rentals in popular tourism areas in England, including Airbnbs. Ministers said they wanted to support rental platforms like Airbnb but acknowledged concerns that such businesses could drive communities out of their area – for example if landlords opt to run their [...]
Liberal Democrats call for hospitality support amid ‘unprecedented rates’ of Christmas cancellations December 9, 2021 The Liberal Democrats have written to the government requesting urgent support for hospitality firms impacted by plan B measures. Pubs and restaurants in city centres have been concerned about a drop off in trade during what is usually their busiest time of year, following fresh work-from-home guidance. In a letter to the minister for small [...]
Train strikes continue as Aslef warns more disruption likely: Here’s everything you need to know this week April 8, 2024 It's that time again. Train strikes are set to cause disruption throughout April. City A.M. has all the details.
Young’s pub chain taps investors for £88m ahead of pubs reopening June 25, 2020 Young’s pub chain has raised more than £88m from its investors via a share placing ahead of the reopening of pubs from next week. The firm said it had placed a total of 4,263,453 placing shares at 1,160p per share and 4.9m non-voting shares at 735p per share to raise £85.5m. Young’s also raised a [...]
Barry’s: Office return to City comes ‘hand in hand’ with thriving fitness industry November 8, 2022 The return of office workers and recovery of the fitness sector come “hand in hand”, according to Barry’s Bootcamp London co-founder Sandy Macaskill. Gym-goers’ routines were set off course during the pandemic with “stop-start” closures hitting the fitness industry hard over the past three years. For the head of Barry’s, which has seven studios in London [...]
Feeling the chill: Hospitality bosses fear energy firms are profiteering in a crisis November 24, 2022 Hospitality bosses have accused suppliers of “deliberately profiteering” of the energy crisis, writes City A.M.
Here’s a tip: Hospitality bosses call for movement on service charge protections amid labour crunch May 16, 2022 As the hospitality industry faces a labour crunch threatening to bring it to its knees, bosses have said legislation to protect workers’ tips could help freshen its image. Ministers have promised legal protections for employees’ tips since 2016. In a further blow, the Employment Bill, set to contain this framework, was scrapped from the Queen’s [...]
Plan B ‘huge blow’ for city centre pubs as night clubs question timing of Covid passports December 8, 2021 Pubs and bars have called the introduction of Plan B Covid restrictions a “huge blow” for the sector, which was hoping to recoup its losses this Christmas. “Make no mistake, this is a huge blow for our sector as it further undermines consumer confidence and is devastating for pubs based near offices and in town [...]
Guinness owner Diageo launches $100m fund to help pubs reopen June 24, 2020 Guinness owner Diageo has today announced a recovery fund to help pubs and bars reopen following the coronavirus lockdown. The drinks maker will provide $100m in funding through its “Raising the Bar” scheme to major hospitality centres, including London, Edinburgh, Dublin and Belfast. Hospitality has been one of the hardest-hit sectors as the pandemic forced [...]