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Campari Group profits drop one third in Q2

Published:  28 July, 2020

The Campari Group has reported a 33.5% drop in net profit, down to €77.6m, across the second quarter of 2020, with sales down 11.3%, at €768.7m.

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Border model could leave the UK between a rock and a hard Brexit

Published:  27 July, 2020

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Pernod Ricard issues more upbeat guidance for 2020

Published:  23 July, 2020

Pernod Ricard is predicting a softer impact on its business as a result of the ongoing Covid-19 crisis, according to its latest guidance for its 2020 results.

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UK Hospitality welcomes progress on business rates reform

Published:  22 July, 2020

The government has launched a fundamental review of business rates, beginning with a call for evidence. 

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UK should embrace “best in class” IT to secure global drinks trading pre-eminence

Published:  16 July, 2020

The UK’s withdrawal from the EU and subsequent shake up of import-export requirements is an opportunity to implement a system that secures Britain’s place as the unrivalled hub of international drinks trading.

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MPs launch probe into the impact of wine certification

Published:  13 July, 2020

A group of MPs is today launching an inquiry into the impact of wine certification set to be brought into force at the end of the Brexit transition period on 1 January 2021.  

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Government to pay £1,000 “bonus" for every employee brought back from furlough

Published:  08 July, 2020

The government has announced a Job Retention Bonus to support furloughed employees and businesses back into work.

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Covid-19 estimated to cost food and drink SMEs £21k each

Published:  07 July, 2020

New research has estimated that small hospitality businesses operating in food and drink will on average lose £21,586 in lost work, earnings and loan repayments as a result of Covid-19.

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Government publishes re-opening guide

Published:  24 June, 2020

The government has this morning published the re-opening guide for the hospitality industry.

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Amazon online drinks boom sustained by ‘grey pound’

Published:  22 June, 2020

Driven by the lockdown to online purchasing, some 3.3 million UK shoppers bought drinks via Amazon for the first time, with older shoppers predicted to uphold the trend.

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NZW calls on UK to come with “fresh attitude” as trade negotiations begin

Published:  17 June, 2020

New Zealand’s wine sector has “warmly welcomed” the announcement that it is to begin trade negotiations with the UK, calling on Britain to come with a “fresh attitude”. 

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Raab says ‘review’ to be completed within “coming weeks”

Published:  15 June, 2020

Foreign secretary Dominic Raab has said the government expects the next Covid-19 review, including if the 2 metre social distancing rule will be reduced, to be completed “within the coming weeks”. 

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Hospitality responsible for a quarter of Britain’s GDP drop

Published:  15 June, 2020

Britain’s hospitality sector was responsible for nearly a quarter of the GDP losses felt by UK business in April, according to the latest UK Hospitality tracker.  

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WSTA hits out at government for failing to count true cost of VI-1 certification

Published:  15 June, 2020

The WSTA has hit out at government for misleading the public over claims that EU wine importation costs would, according to Defra, be “nil or negligible”.

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Sunak confirms “urgent comprehensive review” of 2 metre rule

Published:  15 June, 2020

Chancellor Rishi Sunak has confirmed PM Boris Johnson has ordered a “comprehensive review” on the 2 metre social distancing rule.

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Alcohol sales knocked back until 2022

Published:  04 June, 2020

Despite the shift from on-trade to home drinking, lockdown could still leave a sobering £7bn hole in UK alcohol sales this year. 

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Fuller's launches income streaming service for staff

Published:  01 June, 2020

Pub and hotel business Fuller’s has partnered with income-streaming provider Wagestream to give its staff access to their wages - or their furlough pay - ahead of pay day.

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The Drinks Trust wellness services

Published:  21 May, 2020

The Drinks Trust has launched a number of new services focusing on improving the mental health of the industry and supporting them through what has been a troubling time for many.

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Wine tariffs to remain after Brexit transition period ends

Published:  19 May, 2020

Tariffs will remain in place on wines imported into the UK after the current Brexit transition period ends.

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Furlough scheme extended to October

Published:  12 May, 2020

The government has announced it is extending the Job Retention Scheme (JRS) for an additional four months, while also adding in some provision to bring furloughed employees back to work on a part time basis.

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