The BTOM line? New Brexit import rules will hammer hospitality March 18, 2024 Border checks on fresh produce arriving from the EU will limit choice and push up prices for consumers, says Andrea Rasca The hospitality sector finds itself at a fork in the road. While the UK seemingly encourages free trade and a dynamic hospitality sector, incoming changes to how the country imports food from the EU [...]
Gigs galore: London pubs and bars anticipate £2.4bn live music surge in 2024 November 29, 2023 Nearly 90 per cent of UK pubs and bars plan to expand their live music offerings in 2024, potentially tapping into £2.4bn in revenue.
All Bar One owner still feeling the pinch from inflation May 17, 2023 Mitchells and Butlers, the UK’s largest listed pub group, saw a drop in profits this morning, but said that its cost outlook was improving amid ongoing inflationary pressure. The All Bar One and Toby Carvery owner made £100m in adjusted operating profit for the half year ending on April 8, down from £120m a year [...]
Retailers in trouble as 51 per cent of punters cut back on clothes shopping July 31, 2023 Retail and hospitality industries continue to be bruised by the UK’s cost of living crisis as 59 per cent of people have cut their spending on eating out and a further 51 per cent have cut spending on clothing. As Brits continue to watch their pennies amid high inflation, figures from Oxera show that in [...]
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses
UK needs to ‘get over’ FTSE 100 chiefs’ pay packets, says London Stock Exchange exec January 4, 2024 “If the UK wants world leading companies in the FTSE 100, it needs to get over what CEOs are paid,” Shah wrote on Linkedin.
London footfall takes costly hit as rail strikes wreak havoc on Christmas trade December 6, 2023 Footfall across greater London declined by -8.3 per cent on Tuesday as rail strikes led shoppers to steer clear of the high street, spelling more misery for the capital’s retailers amid the vital Christmas period. According to the latest reading from MRI Software, Tuesday was the most impacted day so far, with footfall in central [...]
Fighting cultural trends is no good – Manchester’s success shows hospitality must adapt to social changes February 3, 2024 It's no use burying our heads in the sand: a new generation and the scars of the pandemic have changed going-out habits forever. Greater Manchester is thriving because bars and clubs have responded to this, writes Sacha Lord
Microsoft: weak cyber defences set to hit economic growth June 5, 2024 Microsoft and many others have said that organisations need to "fight fire with fire" and use AI to bolster their defences.
Heating pools with cat videos? How data centres can carve a brave new world February 5, 2024 Companies are already using wasted heat from data centres in innovative ways, but we need government to get on board, writes Mark Bjornsgaard.