All Economics articles – Page 4
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Analysis & InsightWorld Cup lifts deliveries as restaurant at-home sales grow 3.3% in June
Deliveries continued to gain share of the at-home market at the expense of takeaways, the latest NIQ Hospitality at Home Tracker shows, with sales rising 7.5% on a like-for-like basis
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NewsOne pub a day disappeared from the UK last year, analysis shows
New data reveals that former pubs are being repurposed more than any other building type as struggling venues are increasingly converted into residential properties, retail outlets or other commercial spaces
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NewsGovernment to introduce free apprenticeship training for all eligible under-25s
The measure, which have been welcomed by UKHospitality, forms part of a wider package of support targeted at giving young people the skills, qualifications and experience local employers need
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Analysis & InsightRapid churn of closures and openings sees number of hospitality outlets hold steady in Q2
The latest Hospitality Market Monitor highlights particularly significant churn in the bar sector and shows that Britain’s city centres remain resilient despite the sector’s challenges
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Opinion‘The cavalry is coming’: vibes-minister looks to reclaim the pub from Farage
In an appeal to the voters who have defected to Reform, Andy Burnham has sent a strong signal of his support for the sector, positining pubs as intrinsic to British heritage and working-class culture
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NewsNightcap in talks about multimillion pound fundraising deal
It’s reported the late-night operator has approached investors about a seven-figure capital injection to finance the purchase of a sizeable ‘competitive socialising’ leisure concept
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NewsBusiness groups unite against holiday tax
As Edinburgh becomes the first UK city to introduce a holiday tax, a coalition of business, hospitality, tourism, countryside and travel groups have urged the government to rethink the policy
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News‘Burnham bounce’ and World Cup fever boosts consumer mood
GfK’s long-running monthly survey shows confidence climbed six points higher in July, the largest increase seen since November 2023, amid a ‘wave of optimism’
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Analysis & InsightFoodservice inflation sees 1.8% rise in June
Food and drink prices in the hospitality sector crept up again in June (+1.8%), having stabilised the previous month, according to the latest Foodservice Price Index from NIQ and Prestige Purchasing.
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NewsNell’s Pizza founder launches youth hospitality jobs platform
Called Lenny, the platform aims to help young people secure entry-level work while making it easier for operators to employ under-18s
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NewsWorld Cup lifts pubs but restaurant sales dip in flat June for hospitality
While pub like-for-like sales were up by 1.9% year-on-year last month, the best performance of the year so far for the category, restaurant group sales were down 0.7%
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NewsRyan: ‘Business rates cut more generous than it first appears’
The global tax firm says when taken together with support announced earlier this year the new reduction to rates for pubs, clubs and live music venues represents ‘a significant package’
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NewsBusiness rate cut: ‘A shot of relief for pub, clubs and live venues’
The government’s decision to cut business rates bills for thousands of hospitality venues across England has been welcomed, but there are warnings over the exclusion of restaurants and hotels
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NewsBusiness rates cut for pubs, clubs and live music venues confirmed
The government says the 20% cut will benefit nearly 32,000 venues and save the typical pub an estimated £1,100 in the next financial year
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NewsBusiness rates announcement expected in days
New Prime Minister Andy Burnham is expected to raise business rates for fulfilment warehouses to pay for cutting rates for pubs, clubs and live music venues by 20%
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NewsBurnham must recognise hospitality as ‘vital partner’ in growth economy
UKHospitality welcomes the new Prime Minister’s commitment to the economy and supporting young people into work but calls on him to recognise the boost the sector could bring with the right support.
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InterviewsPizza Union’s Bobby Hashemi: ‘The UK has become a pizza destination’
Speaking to Tamweel Capital’s Adam Spencer, the entrepreneur discussed the idea behind Pizza Union, the simplicity of its model and offer, and why there’s room to grow in an ultra competitive pizza market
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NewsHospitality insolvencies decline as World Cup and warm weather boost trading
RSM reports that the combination of summer sun and major sporting events has given the hospitality industry ‘an important lifeline’ with insolvencies across the sector down 15% month-on-month
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OpinionHospitality – cash machine or national asset?
The government needs to take a wider view of the value of the hospitality sector, David Read, founder, Prestige Purchasing argues
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Analysis & InsightCoffee prices look set for further increase
High energy costs combined with the volatile weather in coffee growing regions due to the ‘super El Niño’ are pushing up the price of a cup of coffee, with Lavazza now charging up to £6.50 for a flat white