Hospitality industry hit by 63% cost surge

Research conducted by the price comparison website money.co.uk has found that the hospitality industry has been the most affected by cost increases.

London hospitality poised for off-peak tube and rail fare Fridays

From this Friday (8 March), London Underground and rail fares on pay-as-you-go and Oyster will be off-peak all day on Fridays, as part of an initiative to encourage businesses to return to the office five days a week.

Analysis: Hospitality seeks aid to halt closures

As the on-trade is hit by a cost-of-doing-business crisis, many are facing a tough decision unless government intervenes. James Bayley reports.

6,000 hospitality venues closed in 2023

New data released today (30 January) has revealed more than 6,000 hospitality venues closed in 2023, bringing the total number of closures since the pandemic to nearly 23,000.

New drink spiking measures introduced by government

Drink spiking is set to be targeted by police and door staff in a raft of new measures unveiled by the home secretary James Cleverly as the festive party-going season gets into full swing.

Christmas strikes to cost hospitality £800m

ASLEF, the UK’s train drivers’ union, has announced a ‘rolling programme’ of strikes during the festive month.

Wet October softens growth for hospitality

Britain’s leading hospitality groups saw year-on-year growth slow to 3.2% in October amid widespread poor weather, the new CGA RSM Hospitality Business Tracker reveals.

Industry welcomes RMT breakthrough

The National Union of Rail, Maritime and Transport Workers (RMT), has agreed a deal in principle with train operators to resolve the ongoing rail dispute, quelling fears of a repeat of last year’s Christmas strikes which were so damaging to the hospitality industry.

Energy bills mount as government support reduces

A snap survey by UKHospitality reveals the staggering costs the industry faces on the eve of the new Energy Bill Discount Scheme, which will reduce government support to businesses.

CGA survey reveals positive outlook for hospitality despite inflation

Leaders of Britain’s top-managed hospitality groups remain cautiously optimistic about the future despite spiralling costs, the 2023 Business Leaders’ Survey from CGA by NielsenIQ and Fourth reveals.

Pub and bar company insolvencies jump by 83% in past year to 512

Insolvencies of pub and bar companies have increased by 83% in the past year, from 280 in 2020/21 to 512, says UHY Hacker Young, the national accountancy group.

Hospitality sector under massive strain as insolvencies hit decade-high

Business energy support to reduce from March government announces

The goverment has announced a new energy support for businesses that will take effect from 1 April 2023, although at a lower rate than the present scheme. 

How the Drinks trade reacted to The Budget

In today’s Autumn Statement (17 November 2022), Chancellor Jeremy Hunt made a few announcements regarding business taxes, but there was no mention of alcohol duty, much to the frustration of the drinks trade.

Red tape cut for thousands of growing businesses

On Sunday, October 2, prime minister Liz Truss announced that red tape would be cut for thousands of growing businesses.

Business energy bills capped by government relief scheme

The government has announced a new energy relief scheme that will reduce energy bills for businesses by 50% of expected levels. 

Businesses urged to get behind ‘Hospitality Apprenticeships Week’

Trade bodies, charities and training providers have come together to promote Hospitality Apprenticeships Week 2022, running between 3 and 9 October.

Hospitality industry urges new Prime Minister Liz Truss to ‘act quickly and decisively’ to save the sector

On Monday (5 September), Conservative Party members chose a new leader and, therefore, a new Prime Minister. Liz Truss secured 57% of the vote, defeating Rishi Sunak in the race to Number 10.

UKH urges government to issue on-trade rescue package

UKHospitality (UKH)chief executive Kate Nicholls has written an urgent letter to the UK government, outlining the potential disaster facing thousands of businesses in light of the energy crisis.

Government extends off-sales licence after backlash

The government has announced that it will extend the alcohol off-sales easement, introduced during the pandemic, to September 2023, following a campaign led by UKHospitality and other sector bodies.