All Employment articles – Page 16
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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
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NewsThe Coconut Tree sold out of administration
The Sri Lankan restaurant group has been acquired by a connected company with all seven restaurants set to continue trading
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NewsThwaites toasts ‘strong performance’ in half-year results
The family brewer and regional pub operator says it has delivered ‘an excellent set of results given the circumstances’ with turnover and profit both up
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NewsLib Dems call for hospitality VAT cut at budget
The party has called for VAT on the sector to be cut to 15%, saying too many people have been ‘priced out’ of ‘small joys’ like a restaurant meal
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NewsThe Coconut Tree appoints administrators
The Sri Lankan restaurant group is facing insolvency proceedings having defaulted on its company voluntary arrangement earlier this year
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Analysis & InsightDiscretionary spending flat as consumers cut back pre-budget
While overall consumer card spending fell 0.8% year-on-year in October, hospitality and leisure saw modest growth led by rises in entertainment and travel sales
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NewsOver 300 businesses sign letter demanding support in budget
Major hospitality businesses including Big Table Group, Greene King, KFC, Loungers, Stonegate and Wagamama are among the signatories to UKHospitality’s open letter to the Chancellor
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NewsMcDonald’s to introduce further measures to protect staff from sexual harassment
Under an extended agreement with the equality regulator, the fast food giant will introduce a new safeguarding policy and refreshed sexual harassment training for restaurant managers
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NewsBrighton Pier up for sale as revenue drops
Brighton Pier Group said it is ’actively exploring opportunities for the potential sale of some or all of its remaining assets’ as a result of the the impact of last year’s budget