Britain’s leading managed pub, bar and restaurant groups enjoyed their best December trading in three years, the latest data from CGA has revealed. However, thanks to double digit inflation, sales remain well below pre-Covid levels in real terms, demonstrating the double pronged impact of the cost-of-living crisis and Covid recovery on UK businesses.
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The year 2022 certainly had its challenges, with businesses struggling to make ends meet amid a soaring cost-of-living – and trading – crisis. However, one business is celebrating a bumper festive period, with last month offering up the best December in the company’s 30-year history.
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Already battered on-trade businesses suffered further in what should have been their busiest time of year. Clinton Cawood reports.
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Overall retail sales of beers, wines and spirits fell in the month of December, when benchmarked against Christmas 2020, though spending remained higher than it was pre-pandemic.
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The third edition of the Old Vine Conference will take place between 1-2 December and is now open for registrations.
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Prime Minister Boris Johnson has confirmed that hospitality venues will be able to open for indoor trading from 17 May, as part of the next stage of restrictions being lifted.
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The UK’s new points-based post-Brexit immigration system is now operational.
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There’s no escaping the imminent impact of lockdown 2.0 on on-trade Christmas sales, even if we go back to the tiered system in December.
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Harpers Design Awards 2020, the place for wines and spirits with ultimate shelf-appeal, will soon be rounding up the hopefuls for 2020.
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The Balvenie premium whisky brand has launched its ‘Digital Drams’ online campaign at a new pop-up bar inside London’s King’s Cross station.
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