News
Foodservice inflation eases as key pub costs stabilise
7+ hour, 9+ min ago (465+ words) The latest Foodservice Price Index from NIQ and Prestige Purchasing found prices fell by 0. 1% month on month in May, following an inflationary rise in April. Join the channel here. The report said the movement brought a measure of stability to…...
Hospitality firms offered "3k youth jobs grant
4+ day, 2+ hour ago (539+ words) Starmer hosted a roundtable at Downing Street with hospitality leaders earlier today (29 June), including UKHospitality chief executive Allen Simpson and representatives from major operators including Fuller's, Burger King, KFC and Costa Coffee. Work and Pensions Secretary Pat Mc Fadden was…...
Hospitality growth driven by high prices not volume
2+ week, 2+ day ago (492+ words) Managed hospitality groups saw like-for-like sales rise by 0. 4% last month, the latest NIQ RSM Hospitality Business Tracker showed. Marking just the second month of growth for the sector so far this year, it means year-on-year growth has been below the…...
Marston's activist investor attacks "lazy' bosses as shares slump
1+ mon, 2+ week ago (306+ words) The story, reported in The Sunday Times, follows a rapid fall in Marston's share price. Bradley Radoff, who owns about 3% of the shares in the Wolverhampton-based pub group, went on the attack last week amid a share slump that has…...
UK has highest property tax of any major economy
1+ mon, 2+ week ago (457+ words) This means business properties carry a disproportionate share over the overall tax burden, according to global tax firm Ryan and places the UK in a structurally more exposed position than international peers. Its 2026 Annual Business Rates Review analyses 2026 revaluation across…...
Operators "must not be lulled into false sense of security" after food prices drop
1+ mon, 3+ week ago (414+ words) However, operators were warned this is likely to be momentary respite as cost increases in the coming months are likely due to conflicts and energy shocks. According to the latest Foodservice Price Index from NIQ and Prestige Purchasing, March's deflation…...
Sector must act now to avoid becoming Gov "cash cow" again
3+ mon, 4+ week ago (619+ words) Speaking at the MA Leaders Club conference in London on Wednesday (4 March), Colliers head of business rates John Webber said the sector must maintain the pressure it applied ahead of last year's Budget as it prepares for the 2029 revaluation. "The…...
OPINION: Economic growth only exists in Reeves" mind
3+ mon, 4+ week ago (437+ words) But sadly, the moment was probably only in her own mind, as, it would appear would be the fantasy she was trying to convey during her Spring Statement. When she wasn't attacking the opposition and pointing a finger of blame,…...
Gov stability rhetoric must be met with action
3+ mon, 4+ week ago (527+ words) Chancellor Rachel Reeves did not announce any economic updates in the Spring Statement, in line with the Government's commitment to deliver one major fiscal event a year at the Budget. While the hospitality sector was absent from the address itself,…...
Government lines up "100m support package for pubs
5+ mon, 1+ week ago (399+ words) According to reports first carried in the Financial Times, the Treasury is expected to confirm new relief measures today (27 January), marking a significant shift in its position after officials acknowledged they had underestimated the impact of Budget changes on the…...