Pubs, Bars & Clubs News – Page 3
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Hospitality sector warns of crisis as tax hikes take effect
The NTIA said these additional costs come on top of years of rising overheads and could cost individual operators between £30,000 and £80,000 a year
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Minimum wage and NIC hikes risk pricing young people out of work
Rising employment costs for younger workers could undermine efforts to reduce youth unemployment, according to analysis by the IFS, as reported by The Times
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Butcombe Group managed pubs achieve biggest ever day of trade
The premium pub operator achieved 31% like-for-like sales growth on 30 March compared to Mother’s Day last year
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RedCat Hospitality completes transitional year
The 95-strong operator behind Coaching Inn Group and RedCat Independent Pubs has achieved £129.8m turnover and laid the foundations for growth
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£3.4bn annual cost hikes take effect
70% of hospitality businesses say they are likely to reduce headcount and around 15% expect to close at least one site as a direct consequence of rising annual costs
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Fuller’s announces board changes
Helen Jones is stepping down as an independent non-executive director (NED), and chair of the remuneration committee, with Robin Rowland replacing her role on the committee and Jane Bednall joining the board as an NED
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Wingstop, Loungers, Browns Brasserie & Bar, and more
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NWTC announces record revenue
Revenue increased to £73.5m in the 52 weeks ended 31 March 2024, with underlying EBITDA up 20%, at the Graphite Capital-backed bar and restaurant operator
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Portobello shelves sale plans to focus on existing strategy
Despite receiving “multiple offers”, the board will continue with its existing growth plans, chairman Mark Crowther confirmed
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Cheshire Cat, Laine, and Heartwood among winners at Publican Awards
The Coaching Inn Group and Craft Union were among the other winners at the event, hosted by presenter Claudia Winkleman in London last night
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Strong 2024 fuels growth at Red Engine
The team behind Flight Club made combined sales of £118.3m in 2024, and plans to take its global estate to 84 sites by the end of 2030
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Average cost of pint to rise above £5
The milestone is likely to be reached next month, according to research commissioned by the British Beer and Pub Association, with the average price set to hit £5.01 – up from £4.80
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Wetherspoon boss: Diversity policies have become weaponised
Sir Tim Martin has said that corporate diversity policies have been “politicised and weaponised” and called for common sense on the topic
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Nimbys are killing London’s nightlife, says owner of Ronnie Scott’s
John James has said proposals for pubs and clubs in Soho to host more “quiet nights” threatened to “kill an international city”
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Openings of the week
MCA rounds up this week’s biggest openings stories, including Knoops, The Ned, Bubala, and more
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St Austell exploring up to 40 redundancies
The brewer and pub operator, which employs more than 2,000 people across the Southwest, is “reviewing its operational structure” due to new employment costs
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Shepherd Neame: Budget will cost £2.6m
The family brewer and pub operator is planning to raise prices, review its capex spending, and transfer 10 pubs from retail to tenancy to improve returns
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Hospitality insolvencies rise in January but annual decline offers hope
Insolvencies saw a 21% month-on-month increase in January 2025, rising from 225 in December to 273, according to the latest statistics
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Hospitality embraces AI to boost efficiency and experience
Workers are rapidly adopting AI to improve operations, with 91% of employees reporting a positive impact on their workplace, according to new research
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Broadwick Group acquires Camm & Hooper
The acquisition of the events company has further expanded Broadwick’s portfolio of venues, event services, and live entertainment