#hospitality-sector

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#inflation

Chancellor's Budget, water bills and inflation rising is hammering the hospitality sector - London Business News | Londonlovesbusiness.com

Interest rates held at 4.75% amid rising inflation threaten the already struggling hospitality sector, necessitating urgent government intervention.

Many food prices falling as Foodservice Price Index hits a 28-month low - London Business News | Londonlovesbusiness.com

Inflation in the foodservice sector dropped, mirroring trends in the Consumer Prices Index, indicating a return towards pre-pandemic stability and reflecting positively on future planning and consumer confidence.

Chancellor's Budget, water bills and inflation rising is hammering the hospitality sector - London Business News | Londonlovesbusiness.com

Interest rates held at 4.75% amid rising inflation threaten the already struggling hospitality sector, necessitating urgent government intervention.

Many food prices falling as Foodservice Price Index hits a 28-month low - London Business News | Londonlovesbusiness.com

Inflation in the foodservice sector dropped, mirroring trends in the Consumer Prices Index, indicating a return towards pre-pandemic stability and reflecting positively on future planning and consumer confidence.
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#consumer-behavior

UK diners already fear the bill, but the budget just raised it again, warn restaurateurs

The hospitality sector is facing significant challenges due to rising costs, leading to potential price hikes and negative impacts on customer experience.

Takeaways back in growth as restaurants' at-home orders rise again in October - London Business News | Londonlovesbusiness.com

Restaurant delivery and takeaway sales grow by 4.8% in October, continuing inflation-beating trend amidst consumer preference shifts.

UK diners already fear the bill, but the budget just raised it again, warn restaurateurs

The hospitality sector is facing significant challenges due to rising costs, leading to potential price hikes and negative impacts on customer experience.

Takeaways back in growth as restaurants' at-home orders rise again in October - London Business News | Londonlovesbusiness.com

Restaurant delivery and takeaway sales grow by 4.8% in October, continuing inflation-beating trend amidst consumer preference shifts.
moreconsumer-behavior
#national-insurance

The 5bn-a-year tax timebomb that's set to devastate London hospitality

London businesses are facing a £5 billion-a-year National Insurance burden, jeopardizing the recovery of key sectors like hospitality and retail.

Wetherspoons warns of pint price rise as budget adds 60m in costs

Wetherspoon warns of potential pint price increases due to £60 million surge in costs following tax measures in Chancellor's Budget.

The 5bn-a-year tax timebomb that's set to devastate London hospitality

London businesses are facing a £5 billion-a-year National Insurance burden, jeopardizing the recovery of key sectors like hospitality and retail.

Wetherspoons warns of pint price rise as budget adds 60m in costs

Wetherspoon warns of potential pint price increases due to £60 million surge in costs following tax measures in Chancellor's Budget.
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from Business Insider
1 month ago

Trump said he'd use the military for mass deportations. Here are the industries with the most immigrant workers.

Trump's mass deportation plans may severely impact construction, agriculture, and hospitality industries reliant on immigrant labor.
#economic-impact

How hospitality businesses can navigate a business rates bombshell and prepare for the budget

Changes in capital gains tax may deter new business startups in hospitality, affecting sector diversity.
Business rates reform is crucial to ensure fair competition between physical and online retailers.

Budget jeopardises hospitality sector recovery optimism - London Business News | Londonlovesbusiness.com

Britain's licensed premises rose by 0.7% between July and September 2024, but new cost burdens may stifle this growth.

Pubs and restaurants warn of closures if taxes rise and business rates relief ends

Higher taxes and ending business rates relief could jeopardize many pubs and restaurants, threatening employment and investment during a critical holiday season.

Starmer's 'nanny state' government is considering banning smoking in pub gardens - London Business News | Londonlovesbusiness.com

Sir Keir Starmer's government is considering a ban on smoking in outdoor venues, raising concerns about its economic impact on the hospitality sector.

How hospitality businesses can navigate a business rates bombshell and prepare for the budget

Changes in capital gains tax may deter new business startups in hospitality, affecting sector diversity.
Business rates reform is crucial to ensure fair competition between physical and online retailers.

Budget jeopardises hospitality sector recovery optimism - London Business News | Londonlovesbusiness.com

Britain's licensed premises rose by 0.7% between July and September 2024, but new cost burdens may stifle this growth.

Pubs and restaurants warn of closures if taxes rise and business rates relief ends

Higher taxes and ending business rates relief could jeopardize many pubs and restaurants, threatening employment and investment during a critical holiday season.

Starmer's 'nanny state' government is considering banning smoking in pub gardens - London Business News | Londonlovesbusiness.com

Sir Keir Starmer's government is considering a ban on smoking in outdoor venues, raising concerns about its economic impact on the hospitality sector.
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Hotels to miss out on Fine Gael promise of Vat cut while Tanaiste warns that lower rate cannot trigger higher energy prices

Mr. Martin insists that a lower VAT for hospitality must not increase energy VAT, impacting household costs.

Tanaiste warns that lower Vat rate for hospitality sector cannot trigger higher energy prices

A lower VAT rate for the Irish hospitality sector must be balanced to avoid increasing household energy costs.

JD Wetherspoon boss issues price rise warning to customers

Wetherspoon's chairman warns of price hikes due to substantial tax increases following the autumn Budget.
#tipping-laws

Gig economy firm under fire for telling restaurants they can avoid UK's new tipping laws

Temper Works is promoting gig workers to bypass new fair tipping laws and potential zero-hours contract bans, raising legal and ethical concerns.

Hospitality businesses urged to act on new tipping regulations ahead of October deadline

UK hospitality must comply with new laws on tipping effective October 1st, ensuring transparent distribution of service charges to staff.

Gig economy firm under fire for telling restaurants they can avoid UK's new tipping laws

Temper Works is promoting gig workers to bypass new fair tipping laws and potential zero-hours contract bans, raising legal and ethical concerns.

Hospitality businesses urged to act on new tipping regulations ahead of October deadline

UK hospitality must comply with new laws on tipping effective October 1st, ensuring transparent distribution of service charges to staff.
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A worrying Budget for hospitality - London Business News | Londonlovesbusiness.com

Businesses are facing significant tax increases, particularly in the hospitality sector, which could hamper growth and cause cost management challenges.

'It's scary out there' - hurler and businessman Joe Canning says Budget 2025 did nothing for hospitality

The cost-of-living crisis is exacerbated by government actions, leading to increased closures in the hospitality sector.

Premier Inn owner Whitbread ramps up cost-cutting plans as tax rise looms

Whitbread is intensifying cost-cutting measures in response to declining demand within the hospitality industry.

UK employer national insurance hike threatens jobs and pay rises, firms warn

A rise in employer national insurance contributions may hinder hiring and pay increases, especially in impact-sensitive sectors like hospitality.

New tourist hostel with 496 beds in Dublin's docklands approved by planners

The planning authority approved a new tourist hostel in Dublin despite community concerns about an oversaturation of tourist accommodations.

Paddy McKillen Jr confirms takeover of his Press Up group by London investment firm

A London lender is finalizing a deal to take control of Press Up, promising fresh capital amidst industry challenges.
#business-growth

How Entrepreneurs Can Leverage Distribution for Business Growth | Entrepreneur

Diversifying distribution channels is crucial for long-term business growth and resilience.
Partnerships ease operational burdens and enhance market reach, despite higher initial costs.

Hospitality returns to outlet growth after solid first half of 2024 - London Business News | Londonlovesbusiness.com

Britain's hospitality sector sees its first increase in licensed premises in two years, indicating a potential recovery from COVID-19 disruptions.

How Entrepreneurs Can Leverage Distribution for Business Growth | Entrepreneur

Diversifying distribution channels is crucial for long-term business growth and resilience.
Partnerships ease operational burdens and enhance market reach, despite higher initial costs.

Hospitality returns to outlet growth after solid first half of 2024 - London Business News | Londonlovesbusiness.com

Britain's hospitality sector sees its first increase in licensed premises in two years, indicating a potential recovery from COVID-19 disruptions.
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Former MP assistant seeks to chug a pint in all 650 UK constituencies in pub campaign

Jay Chan's mission highlights critical challenges for British pubs and proposes reforms to support the hospitality industry.

Oasis fans spend average of 347 on tickets - AIB

There was a significant spike in ticket purchases among AIB customers in August, marking a surge in spending and changing consumer habits.

Delivery gains ground as Euros and summer heat shape spending habits - London Business News | Londonlovesbusiness.com

Delivery sales in Britain's managed restaurant groups grew by 9.4% year-on-year, reflecting steady consumer demand for delivery options.

Driving discoverability for Young's & Co.

SEO plays a crucial role in driving high-value traffic for businesses, particularly in the hospitality sector.

UK hospitality sector scored a 100 million boost from England at the Euros - London Business News | Londonlovesbusiness.com

Sports events like the Euros and upcoming Olympics are significantly boosting the UK economy, particularly in the hospitality and entertainment sectors.

Dear Vicki: An influencer wants a free stay - will it benefit my hotel?

Influencer marketing can boost brand awareness and reach
Studies show influencer marketing can bring significant ROI for hotels

Famous Fulham restaurant could be left without staff due to Home Office skilled worker visa changes

Skilled worker visa changes will impact restaurant staffing
Increased minimum salary for workers from abroad poses challenges for restaurants
#london-transport

Off-peak Friday fares trial begins on TfL network

Lower off-peak fares on Fridays aim to draw workers back to offices and support sectors like hospitality and culture.

What will get London workers back into the office? - CityAM

Off-peak Tube and train fares introduced on Fridays to boost London transport usage until 2024
London businesses struggle with low consumer spending, job losses, and rising costs

Off-peak Friday fares trial begins on TfL network

Lower off-peak fares on Fridays aim to draw workers back to offices and support sectors like hospitality and culture.

What will get London workers back into the office? - CityAM

Off-peak Tube and train fares introduced on Fridays to boost London transport usage until 2024
London businesses struggle with low consumer spending, job losses, and rising costs
morelondon-transport

Sadiq Khan says TfL fare freeze will lure London workers back to the office

Sadiq Khan believes that the fare freeze on Tube and bus fares will encourage more London workers to return to the office.
The fare freeze will also support London's hospitality, culture, and retail sectors.

Four London pubs go up for sale - including the Ten Bells

Four pubs run by East London Pub Co. have been put up for sale due to cost-of-living pressures and work from home initiatives.
The London bar scene has struggled to return to pre-pandemic levels as the inflation of alcoholic drinks reached its highest level since the early 1990s.

Tube strikes will cost London's hospitality sector 50million, bosses fear

Tube strikes next week could cost businesses up to 50 million pounds
Strike action will cause severe disruption to Tube services from Monday to Thursday

Eat To Out Help Out in numbers: How much did the scheme really affect Covid cases?

Rishi Sunak has apologized to bereaved families for his 'Eat Out To Help Out' scheme
Messages between government scientists reveal concerns about the scheme's impact on Covid-19 rates
The scheme saw a significant increase in positive Covid-19 cases during the month of August

Live gigging sets the stage for 2.4 billion boost to UK pubs and bars

The 'seed' music scene in the hospitality sector could result in a multi-billion pound boost to venues and artists.
If all venues with the potential to show live music did so, it could be worth up to £2.4bn in revenue in the hospitality sector.
Nearly three quarters of venues surveyed host live music at least once a week, boosting sales by 33% and footfall by 36%.
Nearly nine out of 10 venues are planning to increase their live music offering in the next 12 months.
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