All Economics articles – Page 7
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Analysis & InsightRestaurants aren’t done - but they’re being tested like never before
Leon’s co-founder John Vincent has accused the government of killing the restaurant industry. Yet despite the challenges, operators with strong cost control, a clear strategy, and data-led decision-making continue to thrive
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NewsAdnams chair: ‘The company’s level of borrowings was unsustainable’
The regional brewer and pub operator’s chair, Simon Townsend, says the group’s asset disposal programme has been ‘absolutely essential to provide a solid base from which to restore profitable growth’
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Weekend PressBusinesses in hospitality among those left in “total survival mode” by surging energy prices
The Times reports many businesses in rural areas are at breaking point as a surge in the price of heating oil and diesel adds to pressure from rates rises and the minimum wage
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Weekend PressBeer boom goes flat as breweries call last orders
The BBC examines why more beer-making businesses have closed than opened in the past two years
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Weekend PressReeves’s tax cut on children’s meals a political ‘soundbite’, say restaurateurs
The Chancellor’s measure to help families save money during summer holidays ‘won’t make any difference’ to the industry, operators have told The Guardian
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NewsLate-night venues ‘bearing the brunt of hospitality closures’ as segment continues to contract
The latest Night Time Economy Market Monitor shows the space has shrunk by 28.9% in the six years since Covid-19 first hit, equating to nearly three net closures every week
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NewsCalls for ‘radical changes’ to business rates appeal system amid ‘tsunami’ of challenges
Colliers warns that ratepayers are facing ‘carnage’ as the number of business rates appeals registered in Q1 2026 is nearly five times higher than those submitted in Q4 2025
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NewsVAT on children’s restaurant meals cut to 5% for summer
UKHospitality says the move, which will apply to eat-in restaurant dishes served from a children’s menu, reflects government recognition that a lower VAT rate delivers immediate benefits for the economy
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NewsHospitality sees ‘some of the largest falls’ in payroll numbers as UK unemployment rises
UKHospitality has said rising unemployment and fewer job opportunities in the sector are the results of ’endless cost increases’
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NewsFresh wave of Tube strikes this week
It is feared more London Underground strikes will have a devastating impact on London’s hospitality businesses, with sales falling by up to 40% on strike days
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Analysis & InsightTreasury to rake in extra £12bn from business rates on pubs
Tories have accused the Chancellor of trying to ‘gaslight firms and the public’, The Telegraph reports
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NewsDiscounting helps lure diners as consumers prioritise value
Data from RSM UK’s Consumer Outlook shows more than 50% of Gen X and nearly half of all consumers would be encouraged to visit a hospitality venue by discounting incentives
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NewsUKHospitality warns holiday tax bill could add £100 to the cost of a family break
The trade body has warned the holiday tax, announced in yesterday’s King’s Speech, is deeply unpopular with the public
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Analysis & InsightGeopolitical shocks threaten to drive foodservice cost increases despite March price dip
The latest data from NIQ and Prestige Purchasing suggests that despite a 1.4% fall in food and drink prices in March further rises are likely in the coming months
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NewsEvolv Collection reports £151.6m revenue
The Martin Williams-led group describes the 15 months to December 2025 as a ‘transformative period’ that has led to ‘dramatically improved’ profitability
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Analysis & InsightEating out cutbacks planned as consumer sentiment falls
Forty percent of people plan to eat out less, as consumer sentiment falls to a three year low amid anxieties over the economy and war in the Middle East, according to PwC
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NewsUKH urges government to provide hospitality energy support
The trade body has set out proposals for clear, targeted measures to support the sector through increased energy costs
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NewsJason Atherton: ‘I am trying to sustain our business by opening abroad’
The chef behind two Michelin-starred London restaurant Row on 5 has said his group is now much more cautious about expanding in the UK due to the tough market
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NewsTim Martin: Wetherspoons customers have never caused issues on flights
Martin described Ryanair boss Michael O’Leary’s calls for airport passengers to be subject to a two-drink limit in pubs as a ‘big brother’ approach
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NewsInflationary pressures hit margins at Pizza Union
The Bobby Hashemi-led Roman pizza bar brand has reported a drop in both turnover and profit in its 2025 financial results, following the closure of one of its London sites