All Economics articles – Page 7
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NewsBow Street Group: ‘2026 will be a year of rebuilding, refreshment and transformation’
The Wildwood and dim t restaurants operator – formerly known as Tasty – has set out plans to invest in its estate and introduce new menus following ‘an encouraging end’ to 2025
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Weekend PressBailout for pubs will put out one fire, but Reeves could still get burnt
Senior ministers have warned that the chancellor’s business rates bailout for pubs must be extended to other sectors to prevent the death of high streets, reports The Times
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Weekend PressStarmer stumbled into a battle with the British pub and lost
A grassroots campaign against business rates changes pushed the Labour party to change policy, highlighting Prime Minister Keir Starmer’s vulnerability, says Bloomberg
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Weekend PressWhere Labour’s business rates blow will hit hardest
As Rachel Reeves considers backtracking on changes in her budget to the rateable value of commercial properties, The Times reveals which UK areas will suffer most
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NewsByron ‘focused on restoring profitability’ as losses reduced
The beleaguered burger brand, which was recently rescued from its fourth collapse in a decade by a Gen Z entrepreneur, has cut it losses by nearly 50%
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NewsTrade bodies demand sector-wide concessions to business rates
There’s growing concern that only pubs will receive business rates relief with trade bodies insisting there must be a ‘hospitality-wide solution’
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NewsGovernment set to announce U-turn on business rates hikes
After weeks of mounting pressure from industry groups and MPs, it is understood the Chancellor is looking at how to offer additional financial support to pubs facing huke increases in their business rates bills
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Analysis & InsightChristmas week offers boost to pubs
Like-for-like sales at managed pub operators were up by 4.8% in the seven days from 22 December, the latest NIQ RSM Hospitality Business Tracker shows
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NewsJonathan Neame: ‘There’s a risk Labour is doing to us what Thatcher did to the miners’
The Shepherd Neame CEO has told The Times he believes the pub sector is now at one of the most critical points in its history
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NewsHospitality warned not to protest over business rates hike as cabinet revolt brews
The government has reportedly been warning businesses not to protest over the changes if they want to get any concessions amid ‘ongoing cabinet-level opposition’ to the hike
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NewsScottish hospitality warns rates rise will serve as ‘closure notice’ to country’s high streets
The Scottish Hospitality Group has described the latest non-domestic rates revaluation as ‘totally disconnected from the trading reality’
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Analysis & InsightDoes there need to be a rethink in how the hospitality sector lobbies the government?
Successively damaging budgets have left some operators calling for an alternative approach to how the sector and its trade representatives engage with government
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NewsSixes calls in administrators
The experiential cricket concept has closed its Southampton site with immediate effect following a ‘challenging trading period’, with administrators now exploring a sale of the business
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OpinionLet’s raise a glass-half-full this Christmas
Despite a prevailing sense of gloom over costs, it was refreshing to hear some genuine positivity from hospitality leaders looking ahead to 2026
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NewsHospitality urges FCA to extend business insurance claims window by two years
Law firm Stewarts warns that thousands of hospitality businesses remain significantly out of pocket more than five years after the Covid-19 pandemic forced venues across the country to close
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NewsGravity right-sizes debt obligations through CVA
The leisure and fitness activity park operator has secured approval from creditors for a company voluntary arrangement (CVA) proposal having been impacted by rising costs and soft consumer spending
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NewsMichael Kill: ‘The Treasury have got the modelling completely wrong for revaluations’
The NTIA is questioning what checks on business rates the government carried out before the budget with its CEO telling MCA he believes the matter of revaluations will be readdressed
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NewsScottish hospitality set for £69m business rates hit without support
UKHospitality Scotland warns that without action Business rates bills will be sent soaring, as rateable values increase 23% on average across Scottish hospitality
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NewsWhitbread CEO: ‘All our industry is asking for is fair treatment’
Writing in The Times, Dominic Paul says increasing costs and taxes will affect where businesses like Whitbread put their money
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Analysis & InsightBusiness rates: ‘Stealth tax increases will push many hotels to breaking point’
As businesses continue to assess the impact of the budget on their balance sheets, hotels are learning they are some of the worst affected by changes to business rates, with a double whammy of tax hikes which will see bills rising 115% for the average hotel