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All Economics articles – Page 3
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NewsClimate change moves from future threat to urgent boardroom priority
Burger King UK CFO Tim Doubleday told UKHospitality’s Environmental Sustainability Seminar climate change is becoming an increasingly tangible reality with sustainability now a commercial imperative
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NewsCasinos boosting high-street footfall
Britain’s casinos are generating footfall for surrounding hospitality businesses, with 72% of customers visiting at least one other local business during their visit
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News#VATsTheProblem petition submitted to Downing Street
The campaign, which has now attracted more than 400,000 supporters, says the submission is an important milestone to demonstrate the growing support behind a fairer tax burden for hospitality
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News
Bars and pubs outperform restaurants in September
Bars, pubs and clubs recorded strong growth last month, as UK consumer spending on hospitality and leisure rose 2.7% year-on-year, according to Barclays
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Analysis & InsightHospitality and leisure spend up last month
The overall eating and drinking out category saw spend growth of 2.4%, with restaurants, cafes and bakeries achieving a 2.1% uplift, and pubs, bars and clubs seeing a 3.8% rise – marking their fourth consecutive month of growth, according to Barclays’ latest Consumer Spend Report.
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NewsBBPA warns pubs on course to close at rate of one a day this year
Around 360 pubs are expected to shutter in 2026, putting the sector on course to surpass last year’s net closure figure of 336 closures
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NewsBewliehill ceases trading
The seasonal eatery concept has shuttered its two remaining London sites after the group entered administration last week
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Analysis & Insight‘Some aren’t going to make it’: how pressure on farmers threatens UK food security
Food producers are adding their voices to the chorus of warnings about the vulnerability of British supply chains, The Guardian reports
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NewsBeef inflation and challenging trading hits Five Guys profits and like-for-likes
The burger chain saw EBITDA fall from £58m to £53m in 2025, though it noted that headwinds were partially offset by an increase in site numbers over the year
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NewsUKHospitality: ‘Sector’s ability to offer young people job starts at risk without budget action’
The warning comes as new analysis by the trade body reveals the stark impact of rising employment costs, with 45% of all jobs lost in the economy in hospitality
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NewsLucky Voice acquired in pre-pack, three sites to close
The transaction by Stockholm-based Moyagi Group involves three venues in Soho, Holborn and Liverpool Street
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NewsUKHospitality unveils high street blueprint
The trade body’s Placemaking report sets out 33 recommendations for government and local authorities to reduce ‘the costly and burdensome red-tape holding hospitality businesses back’
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Analysis & InsightWhat hospitality distress levels mean for operators and suppliers
Julie Palmer, managing partner at BTG Begbies Traynor, on what the latest Red Flag Alert data reveals about financial distress in hospitality and leisure, and the warning signs operators should watch for before administration or liquidation become the only remaining options
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Weekend PressCasino owner warns it will shut more than one in three sites over Labour tax raid
Paul Willcock, chief executive of Genting UK, told The Telegraph 13 of the group’s 32 venues would be ’unprofitable or unsustainable’ if the tax raid goes ahead
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NewsHigher costs hit Wetherspoon profits
The pub giant saw pre-tax profits fall 28% in FY26 despite a 5.2% revenue rise
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NewsMcDonald’s UK&I appoints Danielle Harris as chief people officer
Harris brings more than 12 years of experience within the McDonald’s system, most recently serving as vice president of global people partner for corporate functions
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Analysis & InsightHospitality has highest tax burden in the economy
Analysis by the British Retail Consortium (BRC) suggests for every £1 of pre-tax profit generated by the hospitality sector, businesses pay 82p in taxes
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NewsShepherd Neame sees continued pressure in brewing and brands
The brewer and pub operator described its performance for the year ended 27 June 2026 as ‘satisfactory’ with modest increases in underlying EBITDA and profit before and after tax
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NewsPermanently Unique has ‘clear and disciplined strategy’ for growth as turnover rises
The premium restaurant operator has reported sales of £42m in its financial results for 2025, with site-level EBITDA rising to £11.2m
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NewsGovernment unveils £210m package to revive struggling high streets
The funding is aimed at turning vacant high street shops, pubs and clubs into shared workspaces, cafes and community hubs to tackle the decline of town centres