A third (32%) of senior executives anticipate the need to permanently close pub, bar and restaurant sites post-Covid-19, according to the latest CGA Business Confidence Survey.
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Securing a time out on rent has come out as a key priority for Britain’s pubs, bars and restaurants as cashflow concerns top their agendas.
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On-trade wine supplier Jascots has launched a full ecommerce site selling direct to consumers across the UK.
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Research by UK Hospitality has highlighted flaws in the level of support provided to businesses during the Covid-19 crisis.
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The Wine & Spirits Trade Association (WSTA) on Friday welcomed government’s extension of the Coronavirus Job Retention Scheme (furloughing) to the end of June 2020, but pressed again for an acceleration of relief measures for businesses hit hard by the coronavirus crisis.
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The government has clarified the measures required to be taken by both the on and off-trade following the announcement last night of a three-week nationwide UK ‘lockdown’.
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The Prime Minister has confirmed that there are no timelines or plans in place to enforce restaurants, bars or pubs to close as long as the advice given by the government is followed by the public.
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A new ‘at home tasting’ initiative is looking to support the hospitality industry by encouraging the public to drink at home as if they were at their favourite bars and pubs.
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Chancellor Rishi Sunak has increased promised government support for the hospitality sector, with a mix of tax cuts and grants, amounting to a £20bn support package, in addition to an overall support package of government backed and guaranteed loans available to business of £330bn.
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The industry is galvanising its voices to urge the Prime Minister to take decisive action at this afternoon’s coronavirus briefing after pubs, bars and restaurants are left in “limbo” just as the outbreak looks set to take hold in the UK.
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Trading in Britain's pub, restaurant and bar sector fell 3.3% in February as the developing coronavirus (Covid-19) crisis and the severe floods took their toll on eating and drinking out.
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UK Chancellor Rishi Sunak delivered a bold response to the coronavirus crisis in his 11 March budget, with a raft of measures to support SMEs (small and medium-sized enterprises) and their employees.
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Britain’s supply of restaurants, pubs, bars and other licensed premises fell by 1.8% in the 12 months to December 2019 - the lowest rate of year-on-year decline for nearly two years, according to the latest Growth Monitor from CGA and AlixPartners
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The on-trade sector has started 2020 on a positive note with like-for-like sales up 1.9% in January compared to the same month last year, according to the latest figures from the Coffer Peach Business Tracker.
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The Office of National Statistics (ONS) has released figures showing that the long decline in the number of pubs in the UK has stopped, with a “small rise” in 2019 buoying up the sector for the first time in decades.
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The number of British pubs has increased for the first time in a decade, analysis from hospitality sector software start-up Stampede has revealed.
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With the vast majority of pubs in the UK part of a chain where buying decisions on everything from beer and wine to crisps and peanuts are sanctioned by the chain’s owners, it can be very hard for wine merchants and importers to get an in, especially on the ground rather than in a boardroom setting.
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Like-for-like sales for pubs and restaurants were up 1.2% year on year in July, according the the latest data from the Coffer Peach Business Tracker.
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Renewed investor interest is improving the health of a malnourished high street – driven mostly by wet-led venues, a group of suppliers and industry leaders were told this morning.
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The latest CGA Fourth Business Confidence Survey, canvassing opinion from hospitality industry leaders, has revealed concern over the frequency of consumer visits to pubs, bars and restaurants during the second half of 2019.
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