All Economics articles – Page 2
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OpinionMore action is required from government, but will it be forthcoming?
As a minister casts doubt on the prospect of a VAT cut for the sector, questions grow over how much further the new government will go to support operators
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Analysis & InsightCould new NEET figures be start of downward trend?
The number of young people not in education, employment or training fell by 30,000 in the last quarter, but with the figures still up year-on-year trade bodies call on the government to cut the cost of employment
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NewsChallenging economic conditions limits growth for Batemans
The Lincolnshire-based brewer and pub company saw turnover fall 3% with profits down 12% in the year to 31 January 2026
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NewsScottish Tourism Alliance warns of mounting costs from Edinburgh visitor levy
The trade body is calling on councils across Scotland to learn from the problems being experienced in the country’s capital one month after the city’s visitor levy came into force
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NewsCosts and political instability holding back investment despite ‘Burnham bounce’ in hospitality confidence
A survey carried out by the industry’s major trade bodies shows optimism in the sector more than doubled following the government’s announcement last month to reduce business rates
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InterviewsBrakspear: ‘We need to see some actual long term policy change from government’
Chief executive Tom Davies has told MCA the planned review of pub business rates must lead to long-term reform of the system if it is to have a tangible benefit
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NewsUKH: Zero-hours reform will ‘impact job opportunities for young people’
The trade body has also warned that the plans to restrict zero-hours contracts would add more cost to operators and reduce flexibility for staff
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Analysis & InsightRestaurant sales flag in the July heat
While pubs scored big thanks to the World Cup last month, the latest NIQ RSM Hospitality Business Tracker shows sales in slipped in other segments
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Analysis & InsightThe £3bn question: can hospitality absorb another employment cost increase?
With labour costs already under intense pressure, businesses are assessing the implications of zero-hours contract reforms that could restrict workforce flexibility and create significant new compliance obligations
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Weekend PressFish and chips for four? That’ll be more than £45, please
Chippies have put up prices by nearly 65% since 2021 thanks to overfishing and sanctions against Russian imports, a Sunday Times analysis shows
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NewsJoseph Holt looks to the future with ‘determined confidence’
The Manchester-based brewer and pub operator increased turnover by 3.2% to £78.3m last year with profits also up
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NewsComptoir reports ‘resilient’ H1 performance in ‘challenging environment’
The Lebanese and Middle Eastern inspired restaurant group saw turnover fall 0.7% on a like for like basis in the first half of the year amid ‘tough external trading conditions’
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Analysis & InsightRestaurant at-home sales flat in July as consumers head out in heatwaves
Britain’s top restaurant groups recorded fractional growth of 0.3% in delivery and takeaway sales in July, according to the latest NIQ Hospitality at Home Tracker
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NewsTravelodge CEO steps down
Joanna Boydell’s departure, announced alongside the group’s H1 results, comes as the business overhauls its safety procedures following a sexual assault at one of its hotels
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Analysis & InsightEating out participation sees notable drop in Q2
The porportion of consumers choosing to eat out fell by 6.2ppts, to 38.4%, in the 13 weeks to 28 June 2026, as consumers continued to be squeezed by the increasing cost of living, according to a new Lumina Intelligence report.
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NewsRise in NEETs fuelling ‘chicken wing economy’
Analysts at Baringa have drawn a link between the wide emergence of QSR chicken restaurants and rise in young people not in employment, education or training
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News‘Precious little breathing space’ for hospitality businesses as insolvency numbers jump 10% in Q2
The latest Buchler Phillips Hospitality Index shows the number of monthly hospitality insolvencies has remained consistently over 260 so far this year
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Analysis & InsightFoodservice inflation continues in July as drought concerns mount
The latest Foodservice Price Index from NIQ and Prestige Purchasing reveals that growing concern over the impact of prolonged heatwaves is creating uncertainty for buyers in key food categories
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NewsGovernment warned greater financial support needed for pub planning protections to have impact
Industry voices have welcomed proposed changes to the national planning system, but said the protections will not prevent pubs from shutting if further financial support is not also forthcoming
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NewsClassic Lodges reports £2m loss as costs hit
The family-owned hotel group with nine locations in the UK has reported a significant loss this year, but insists it has strong base for further growth