More good news for pubs as December splurge delivers crucial growth hospitality A rush of pubgoers in the last two weeks of December brought much-needed growth across the industry in a “big relief” for businesses. Pub sales were up 4.7 per cent ahead of December 2023, while bars bounced back from soft trading throughout most of 2024 to post growth of 1.3 per cent, according to the [...]
Business rates to more than double in ‘final blow’ to UK retailers Retail Business rates are set to rise more than 140 per cent for thousands of high street businesses across the UK in yet another cost pressure for brick-and-mortar businesses. Business rates, which are levied on all commercial properties, were cut by 75 per cent in 2022 as high street stores found themselves unable to cope during [...]
Big NFL fan? These are the top London sports bars to watch American football Sport The NFL returns to London this weekend for the first of three matches and, unsurprisingly, every one of them is sold out. So here’s where you can watch the NFL in London. P.S. Reservations recommended for all! Passyunk is NFL hot spot If you ask any NFL fan where they’ll be during a match the [...]
From Pizza Express to Channel 4: Who is Luke Johnson, Revolution Bars Group’s new chair? September 9, 2024 After a lengthy restructuring process that included £12.5m in emergency funding, Revolution Bars has appointed Luke Johnson as its new chair. The former Pizza Express and Channel 4 chairman provided £3m of the financing and owns a 20 per cent stake in the company. He will replace outgoing chair Keith Edelman, whose nine years in the role [...]
Sixes Social Cricket hits record turnover as first franchises open in UK September 3, 2024 The company behind the party bar chain Sixes Social Cricket has seen its turnover jump following the launch of its franchise arm, newly-filed documents have revealed. The Aberdeen-headquartered firm, which was founded in 2020, saw its turnover increase to £7.5m in the 12 months ending August 31, 2023, up from £4.5m in the year before. [...]
Olympics and Euros fuel spike in pub and bar spending August 19, 2024 Sporting events such as the 2024 Euros and Olympics led to an increase in spending across Britain’s bars and pubs, new data has revealed. Individual spending at bars and pubs rose by 11 per cent compared to last summer as Brits flocked to their local boozers to take in the summer of sport. The number [...]
Revolution Bars: Chain to close 25 sites as significant restructuring plan approved August 9, 2024 Revolution Bars’s restructuring plan has been approved by the company’s major stakeholders. In an announcement published today, the company said its plan has been sanctioned by the Court and has been supported by its lenders. The group said it would close as many as 25 bar and pub locations as part of the plan. It [...]
Explainer: Who wants to live in a 24 hour city? August 6, 2024 Is the world moving towards 24-hour alcohol licensing? Is that a good thing?