The UK pub and bar market is set to recover to 64% of its pre-pandemic value in 2021 to £14.8bn, Lumina Intelligence has revealed, with full recovery to follow by 2024, possibly exceeding 2019.
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Staff shortages in the hospitality sector are set to hit crisis levels following the 30 June, when it will become more difficult to hire EU workers, a leading City law firm has warned.
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Scottish trade associations have expressed disappointment and concern on the delay in easing restrictions, which they claim could cause more business failures and hardship for the sector.
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We surveyed the trade asking how drinks suppliers have evolved their businesses in response to the pandemic. Andrew Catchpole rounds up the responses.
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UK Hospitality (UKH) has warned that a one-month delay to Covid restrictions lifting would cost the hospitality sector around £3bn in sales.
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Britain’s managed bar, restaurant and pub groups recorded a 26% drop in total sales in May compared with the same month in 2019, according to the latest edition of the Coffer CGA Business Tracker.
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Wine Paris & Vinexpo Paris 2021 will be providing live sessions focusing on the upturn of the wine and spirits industry called Bouncing Back after the year long pandemic.
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UK Hospitality (UKH) has urged sector businesses in England to fully prepare for new business rates payments that will kick in from 1 July, with new bills expected to land in the coming weeks.
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The number of new job vacancies in the hospitality sector rose by 46% in the last two weeks, according to new analysis by audit, tax and consulting firm RSM.
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After only a third of licensed premises traded in GB's first phase of reopening, today (17 May) marks the opportunity for many more to finally reopen, with most of the two-thirds (67.1%) of operators that have not yet traded having the option to do so as the on-trade is allowed to reopen indoors.
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Argentinian wine and rosé were two of the alcoholic beverages which saw a “remarkable uplift” in retail sales during lockdowns and restrictions in 2020, according to the latest WSTA Market Report.
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Restrictions may be lifting but there’s still a long way to go to return the on-trade to health, as Andrew Catchpole reports.
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The Scottish Licensed Trade Association (SLTA) has welcomed First Minister Nicola Sturgeon's confirmation that the Scottish on-trade will be able to serve alcohol indoors until 10.30pm from 17 May, but warned the road ahead is long.
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UK Hospitality (UKH) has called on the government to provide further support for the sector by improving access to capital and to stick to the roadmap of lifting all restrictions from 21 June.
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The on-trade has recorded a significant like-for-like drop in drink sales in the week leading up to the May bank holiday as poor weather created tough conditions for bars, restaurants and pubs still only allowed to trade outdoors.
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Virgin Wine has announced that it anticipates revenue and profitability for FY21 to be ahead of its previous expectations, with turnover for the year expected to be no less than £73m and an improvement in EBITDA margin.
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Alcohol exports from the UK to the EU were in free fall for the first couple of months of this year, hit by the perfect storm of Brexit at the beginning of the year alongside Covid lockdowns across Europe continuing to shatter the on-trade, newly released data has revealed.
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UK Hospitality (UKH) has called on the government to take “decisive” action on rent debt to help safeguard sector recovery and protect up to a million hospitality jobs.
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A staggering £80.8bn of hospitality sales have been lost in the past 12 months, according to the latest edition of the UK Hospitality (UKH) Quarterly Tracker compiled with CGA.
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The legal challenge by Vinpro against South Africa’s national government, according to which it is contesting specific aspects of decision-making in respect of liquor bans, has been postponed to August 2021.
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