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hospitality crisis

  • Would a £10bn VAT cut really save hospitality?

    Hospitality

    Calls for the government to slash VAT on hospitality firms have been backed by pub and restaurant bosses, and Prime Minister hopeful Andy Burnham. What would this tax break really mean for the economy? The UK’s pubs, hotels and restaurants say they are at breaking point. Higher business rates, hikes to national insurance and minimum [...]

    Business professionals discussing strategies in a modern office setting with diverse team collaboration visible
  • Hospitality leaders ramp up pressure on Labour to slash VAT

    Hospitality

    Leaders of top hospitality firms have ramped up pressure on Labour to slash VAT, which they warn is leading to hundreds of thousands of job losses. Pub chains JD Wetherspoon, Fuller’s and Greene King, as well as hotel giant Hilton and Mexican restaurant chain Wahaca, have thrown their weight behind a campaign to cut Value [...]

    Keanu Reeves smiling at a public event, wearing a black suit and tie, engaging with fans and media in a lively atmosphere.
  • Fuller’s slams ‘unprecedented government interference’ in pub sector

    Hospitality

    The boss of Fuller’s has slammed Labour for “unprecedented government interference” into the pub sector, which he says is to blame for 5,800 pubs closing in a decade. Simon Emeny, executive chairman of Fuller, Smith and Turner, has launched a broadside against the government’s hikes to business rates, national insurance contributions and alcohol duty.  “When [...]

    Simon Emeny, CEO of Fullers, delivers a keynote speech at a business conference, emphasizing leadership and industry insig...
  • Burnham vows to cut the price of a pint as he turns on Labour tax rises

    June 6, 2026

    Andy Burnham has launched a major policy intervention of the Makerfield by-election campaign with a pledge to cut business rates for pubs and ease the tax burden on small businesses, marking a clear break with Keir Starmer’s government. The Greater Manchester mayor said Labour had “got it wrong” on small businesses as he unveiled plans [...]

  • Music venues are in dire straits: V&A show asks how we can help

    May 28, 2026

    As the V&A opens its Lost Music Venues exhibition, James Balmont asks we can save the grassroots institutions under threat A trip to the V&A often conjures up images of great Renaissance sculptures, haute couture and centuries-old tapestries – but those patronising the Kensington institution this summer will find something very different.  In Lost Music [...]

  • Office foodies, the working lunch needs YOU!

    May 21, 2026

    Amid a hospitality crisis, it's up to workers to take longer, boozier lunches and power the economy, says Nicole Gordon.

  • Magners owner hits out at Reeves as hospitality crisis hits sales

    May 19, 2026

    The maker of Magners and Bulmers cider missed its profit and revenue targets this year, blaming Rachel Reeves’ Budget and the “financial stress” it caused pubs and bars. C&C Group, which also owns the Orchard Pig and Jubel brands, said it is seeing resilient demand for cider and beer but plummeting sales of high-alcohol drinks [...]

  • Campanelle hopes to pick up Toast the City Best Restaurant win

    May 13, 2026

    Campanelle is one of our favourite new Square Mile restaurants, a vast Italian dining room set inside the beautifully restored London Shipping Exchange on Billiter Street. Created by restaurateur Ninai Zarach, the all-day venue is an excellent showcase for grand City architecture. The menu takes inspiration from across Italy, catering for everything from breakfast meetings [...]

  • Evolv: Revenue at Quaglinos, Coq d’Argent, Madison and Bluebird owner soars

    May 8, 2026

    The group behind restaurants including Quaglinos, Coq d’Argent, Madison and Bluebird has seen its earnings surge despite the challenges facing the hospitality sector. Evolv – formerly D&D London – saw revenue increase 20 per cent from £126.3m to £151.6m year-on-year, with Ebitda rising from £2.6m to £14.6m. Evolv reported a modest loss of £6.8m for [...]

  • Wetherspoon issues profit warning over ‘substantial’ cost hikes

    May 6, 2026

    JD Wetherspoon has warned it could miss profit targets over “substantial increases in costs,” as pubs brace for soaring energy and shipping prices due to the Iran war. The UK’s best-known pub chain confirmed on Tuesday that the much-feared knock-on effects from the blockage to the Strait of Hormuz have begun to hit hospitality firms. [...]

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