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Hospitality confidence plummets amid rising costs and falling footfall

Published:  08 November, 2024

Confidence among Britain’s hospitality leaders has plunged as sector challenges deepen, with CGA by NIQ’s latest Business Confidence Survey revealing worsening sentiment amid squeezed margins and reduced consumer spending. 

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WineGB launches hub to boost diversity in industry

Published:  06 November, 2024

WineGB has introduced its ‘People Support Hub’ to mark the close of its 30 Days of Sustainable Action campaign, promoting equity, diversity and inclusion within the wine sector.

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Surge in temporary alcohol licences supports hospitality

Published:  05 November, 2024

The latest figures on alcohol licensing in England and Wales reveal a sharp uptick in new licences and temporary event notices, reflecting a surge in demand across the hospitality sector. 

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Sales drop in pubs and bars as weather cools and rugby boost fades

Published:  04 November, 2024

Sales at managed venues edged up by a modest 0.1% in the week to Saturday 19 October, just surpassing the same week in 2023. However, figures soon declined, with sales finishing 5% lower in the following week to Saturday 26 October. Drinks sales have now fallen in four of the past five weeks.

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Pubs and hospitality warn of job cuts if rates relief ends

Published:  28 October, 2024

A survey of pubs, breweries and hospitality businesses has revealed that jobs and investment plans would be threatened if business rates relief expires in April, causing bills to quadruple.

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Drinks United appoints programme manager to lead industry culture change

Published:  14 October, 2024

Drinks United, the joint initiative by The Drinks Trust, WSTA and WSET, has named Laura Aiken as programme manager to steer its three-year strategy aimed at reshaping the UK drinks industry. Aiken brings experience in managing global culture change projects.

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Alcohol consumers less supportive of calorie labelling, UCL study finds

Published:  11 October, 2024

A new study has shed light on how mandatory calorie labelling on alcoholic beverages might influence consumer attitudes and drinking habits in the UK. Conducted by researchers at University College London (UCL), the survey assessed the potential impact of introducing calorie information on alcohol packaging and its implications for low-risk and hazardous drinkers.

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The Portman Group’s alcohol guidelines: A quiet revolution in the UK alcohol sector

Published:  11 October, 2024

James Bayley finds the UK alcohol industry is, more than ever, taking the Portman Group’s guidelines on board when it comes to drinks labelling.

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Catena Institute joins SWR Bottle Weight Accord

Published:  11 October, 2024

The Catena Institute of Wine has officially joined the SWR Bottle Weight Accord, reaffirming its sustainability commitment as a founding member of the Sustainable Wine Roundtable (SWR). The institute’s efforts include light-weighting bottles and tackling the misconception that heavier bottles signify higher quality.

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New Zealand’s wine industry: Strong global presence amid challenges

Published:  30 September, 2024

The past year has been a “rollercoaster ride” for exports, as noted in The New Zealand Winegrowers Annual Report 2024. 

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Scottish wholesalers praised in Parliament for economic contribution

Published:  30 September, 2024

Scotland’s food and drink wholesalers, alongside the Scottish Wholesale Association (SWA), were recognised in the Scottish Parliament for their vital role in supporting the economy and communities nationwide.

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Beverage industry shifts offer new opportunities, says Circana

Published:  25 September, 2024

The beverage industry has undergone significant changes over the past year, presenting new opportunities for both brands and retailers, according to a new report from Circana, an advisor on consumer behaviour.

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UK pub and bar sector to see modest growth in 2024

Published:  19 September, 2024

The UK pub and bar sector is set for modest growth in 2024, with a forecasted 1.5% rise in value, according to Lumina Intelligence’s Operator Data Index. 

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Institute of Masters of Wine and Areni Global announce partnership

Published:  16 September, 2024

The Institute of Masters of Wine (IMW) has announced a new partnership with Areni Global, an independent think tank dedicated to the future of fine wine, which will see the two organisations collaborate on a range of initiatives aimed at advancing excellence and learning within the global wine community.

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Alcoholic drink manufacturers face profit decline

Published:  03 September, 2024

UK small and mid-sized food and drink manufacturers are grappling with a stark profitability drop, with the alcohol sector experiencing the most significant hit. 

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Alcohol consumption in Ireland falls by nearly a third

Published:  19 August, 2024

Alcohol consumption in Ireland has decreased by almost one-third over the past two decades, according to a new study. 

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UK pub market forecast to grow by 1.7% in 2024, reaching £23.6bn

Published:  16 August, 2024

The UK pub and bar market is expected to grow by 1.7% in 2024, reaching a total value of £23.6 billion, according to Lumina Intelligence’s latest report

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Hospitality insolvencies rise 20% over past year

Published:  19 July, 2024

The latest company insolvency statistics reveal a 20% increase in accommodation and food service insolvencies over the year to May 2024, rising from 3,133 in the 12 months to May 2023 to 3,752 in the 12 months to May 2024. However, there was a 9% decrease in month-on-month insolvencies in May 2024.

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Atradius reports 59% drop in payment claims for food and drink sector

Published:  11 July, 2024

Trade credit insurer Atradius has revealed a 59% decrease in claims for late or failed payments in the food and drink sector between May 2023 and May 2024.

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Euro 2024 drives surge in pub spending

Published:  10 July, 2024

Almost half (46%) of Londoners have spent more time at pubs, bars and restaurants during Euro 2024, the first men’s summer football tournament since Covid-19 lockdowns, according to new research from payments company Dojo. Across the UK, nearly one in four (23%) have done the same.

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