All Employment articles – Page 11
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NewsBII survey: 1 in 10 pubs profitable after Budget
A flash survey of members found 90% will need to increase drinks prices, 80% will cut staff hours, and 71% will increase food prices due to the impact of tax rises
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Analysis & InsightAutumn Budget: Mixed signals for hospitality and leisure
One of the largest tax raising budgets in the post-war era, the increased burden on the middle classes is forecast to dampen spending and contribute to continued subdued trading in hospitality
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InterviewsM&B: ‘We’re expecting a big surge at Christmas’
Chief executive Phil Urban tells MCA he’s expecting consumers to spend big over the festive period despite recent budget uncertainty
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NewsSugarloaf sounds out investors for TGI Fridays UK
Just a month on from acquiring the UK arm, TGI’s global brand manager has brought in financial advisory firm Interpath to explore strategic options for the 49-strong casual dining chain
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NewsUpham achieves like-for-like growth of 7.5%
The south of England pub operator says all but one of its sites was in positive sales growth in its latest financial results, which saw revenue rise to £19.8m
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NewsUKH: Changes to unfair dismissal plans ‘pragmatic’
The government’s decision to reduce the qualifying period for unfair dismissal to six months ‘addresses one of hospitality businesses key concerns’, the trade body says.
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NewsBaton Berisha hails ‘true evolution’ of Gaucho brand as Christmas bookings up 40%
The steakhouse group’s CEO says the brand is ‘moving with clarity, purpose and renewed energy’, despite recent accusations of ‘greenwashing’ and criticism related to tronc distribution changes
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Analysis & InsightBudget reaction: ‘Our only option is to look for growth overseas’
The entrepreneur behind Fallow cautioned that expanding in the UK was ‘simply not worth the cost’ under the current tax regime, while Markus Thesleff warned investors were deserting the UK
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NewsSector anger as business rates reform ‘not delivered in full’
The government’s decision to give hospitality only a quarter of the rates discount it originally proposed has been derided with warnings it’s not enough to offset the loss of reliefs
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NewsHospitality reacts with frustration as budget announced
The Chancellor’s fiscal statement has been met with anger and exasperation, with many warning the lack of support for hospitality will lead to further closures and substantial job losses
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NewsNational living wage rises to cost sector £1.4bn
Combined with a higher-than-expected 8.5% uplift in the wage rate for 18-20-year-olds, UKHospitality said the increases represent a total £1.4bn in additional cost for businesses
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NewsSticks’n’Sushi appoints chief people officer
Karl Jolly rejoins the McWin-backed restaurant group from New World Trading Company after a three-year hiatus
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Weekend PressGood things will come from Guinness v Murphy’s price war
Guinness now faces a mounting battle with its rival Heineken, which is hoping to steal a march with its own Irish stout, Murphy’s, The Times reports
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Weekend PressSt John’s founders are stepping back. What comes next for the trailblazing nose-to-tail restaurant?
Fergus Henderson and Trevor Gulliver are retiring from day-to-day operations at their legendary London restaurant St John after 31 years, the FT reports
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Weekend PressBusinesses braced for Budget tax bloodbath
As business brace for a battering in this week’s budget, Emma McClarkin at the British Beer and Pub Association has warned a repeat of last year’s tax-raising would ‘bury’ the hospitality sector, the Daily Mail reports
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OpinionDownbeat assessment of a government ‘that’s throttling us’
Describing the restaurant trade as simply “not great fun” right now, senior leaders spoke of a deterioration in trade which in some dayparts bordered on “catastrophic”
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NewsBrewDog calls for ‘meaningful action’ to support sector in pre-budget warning
The bar operator and brewer has calculated businesses must sell an extra 950,000 pints every hour to recoup cost surges from energy bills, labour costs and tax hikes
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NewsThe Coconut Tree acquired for about £305,000 in pre-pack sale
The Sri Lankan restaurant group was acquired last week by a connected company led by two of its founders having fallen into administration after previously defaulting on its CVA payments
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NewsHospitality insolvencies flat ahead of budget
A further 265 accommodation and food service businesses collapsed in September this year, with RSM UK warning the future of many more will be dependent on the upcoming budget
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NewsMiddletons acquired out of administration by existing shareholders
A sale of the steakhouse business and its assets will see all seven Middletons sites continue to trade, safeguarding the jobs of 159 employees