Used car prices skyrocket as UK inflation eases October 20, 2021 The UK average price of a used car has increased by 23.9 per cent this week as a result of September’s inflation rates easing to 3.1 per cent. Data from automotive advertising firm Auto Trader have also revealed that year-on-year prices quadrupled this week, especially if compared with the 5.7 growth recorded in the week [...]
Brewdog toasts online sales as revenue grows a tenth April 10, 2021 Craft brewer Brewdog today said that an explosion on online sales had helped grow its revenue 10 per cent in 2020, despite the widespread hospitality shutdown due to the pandemic. The Scottish firm said that revenue had come in at £238m for the year, driven by a thirteen-fold increase in digital sales of its drinks. [...]
Restaurants may be reopening but delivery kits are here to stay April 9, 2021 It’s just days until we’re allowed to sit outside and eat a socially distanced meal with people from one other household – a concept that’s far more appealing than that sentence might suggest. But that doesn’t mean the home delivery restaurant-in-a-box revolution is over. With top chefs and restaurants from across the culinary spectrum now [...]
VAT rise likely to hurt hospitality recovery and may cause more permanent closures September 30, 2021 The upcoming 7.5 per cent VAT rise will slow down Covid recovery for the hospitality sector and may lead to a number of additional closures, a SME tax expert told City A.M. today. The Government’s scaling back of its Covid support measure is coming too soon for businesses with little or no cash reserves, according [...]
Staycation time: Take a break at Locke in East London’s Dalston June 25, 2021 The government’s new travel traffic light system is now crystal clear. We have “green”, which means you shouldn’t go, but it’s totally okay if you do. There is “green watchlist” which means you can book your holiday if you like, but don’t expect it to actually go ahead. There’s “amber”, which is for those countries [...]
Grocery sales: Ocado on top as supermarkets snag 58m more visits as UK exited lockdown May 25, 2021 As the UK’s vaccination programme pushes on, supermarkets have enjoyed 58m more shopping visits in the first quarter of this year than last year, according to industry data released today. Supermarkets actually had more visits in the 12 weeks to 16 May, than when panic buying gripped shoppers at the start of the pandemic, market [...]
Tax hikes to derail UK economy at the final hurdle October 14, 2021 Imposing punitive tax hikes on businesses will blow the UK economic recovery off course just as it is in touching distance of reaching pre-pandemic strength. That’s the warning to Chancellor Rishi Sunak from economists and industry leaders after data from the Office for National Statistics (ONS) revealed Britain is inches away from full repair. “Our [...]
Shopper, drinker and diner numbers recover as UK retailers and hospitality firms reopen April 22, 2021 Restaurant and pub reservations soared and shoppers headed back to the high street in vast numbers as coronavirus restrictions on outdoor hospitality and retailers lifted. The latest data showed that UK seated diner reservations on Saturday reached 60 per cent of the levels seen on the equivalent day in 2019, pre-pandemic. Figures were even higher [...]
Billionaire Issa brothers snap up fast food chain Leon April 18, 2021 The billionaire brothers behind Asda have snapped up British fast food chain Leon in a deal worth a reported £100m. Mohsin and Zuber Issa, who have agreed a £6.8bn deal to buy Asda, are now swooping on the London-based food chain through their petrol station empire EG Group. The transaction, which includes 42 company-owned restaurants [...]
How to make the ultimate working from home salad June 3, 2021 We asked Eleanor Warder, co-founder of healthy restaurant Atis, to talk us through her dream Working From Home lunch. Here’s what you need to make the Atis Azteca salad bowl: Chopped romaine Baby spinach Black beans Sweetcorn Avocado Feta Baked chipotle tortilla chips Pickled red onion Lime coriander dressing For my healthy lunch recommendation I’m [...]