Finance
Marston’s like-for-like sales up 3% in last 10 weeks
Marston’s has said that like-for-like sales were up 3% over the 10 weeks from 24 July to 1 October compared to 2019, which the business described as “encouraging” and continuing to improve.
HospoDemo to stage third government protest
HospoDemo is to return to Westminster next month to stage a third protest following Friday’s mini budget, which notably left out business rates and VAT.
Chancellor announces raft of tax cuts designed to stimulate growth
PPHE reports revenue recovered to 39.5% of 2019 levels last year
Wetherspoon ‘will be loss-making’ for first half of financial year, but hopes for stronger second half
Tortilla reports revenue of £48.1m for 2021
What's in store in 2022?
As we bid farewell to 2021, The Caterer asked industry leaders, operators and forecasters to share[...]
Brexit-related staff shortages hit Trump Turnberry
Brexit-related staffing shortages have hit the Trump Turnberry resort in Ayrshire, according to its latest accounts.
EasyHotel secures €50m to more than triple estate by 2026
Budget chain EasyHotel has received a €50m (£42.66m) commitment from shareholders Ivanhoé Cambridge and ICAMAP towards[...]
All Bar One owner narrows losses and returns to profitability
Mitchells & Butlers – which operates brands including All Bar One, Harvester, Toby Carvery and Miller[...]
How to avoid a banking scam
With fraud on the rise, it’s wise to ensure staff have a healthy scepticism when it comes to requests for payments. Dan Dodman has some advice."
Loungers reports like-for-like sales growth of 26.6%
Loungers, the operator of 150 Lounge café-bars and 31 Cosy Club restaurant-bars, has reported like-for-like sales growth of 26.6% for the 20 weeks to 3 October 2021 compared to 2019.
How to make your hospitality business more attractive to investors
A promising business idea with a strong brand identity and a long-term plan will all help lure in an investor, says Julia Weeks.
Patisserie Valerie auditor fined £2.34m
Patisserie Valerie auditor Grant Thornton UK has been fined £2.34m following the high-profile collapse of the[...]
Accor ‘prepared for the rebound’ despite fall in revenue and revpar
The chief executive of Accor has said the hotel group is “prepared for the rebound” of[...]
BrewDog posts £13m loss after pandemic hits on-trade and bars
Brewer and bar operator BrewDog has reported £13m in pre-tax losses for 2020 as the impact[...]
Finding finance in a post-Brexit, post-Covid landscape
The combination of Brexit and the pandemic has led to a market where there are opportunities[...]
Fuller's reports like-for-like sales at 76% of 2019 levels
Pub group Fuller’s has reported that its managed like-for-like sales were at 76% of 2019 levels for the 12 weeks to 3 July, reflecting the continued impact of social distancing on trading, particularly in its London pubs."
Pandemic sees Premier Inn owner plunged into a loss
The effects of the pandemic on Premier Inn owner Whitbread have become apparent in the group’s 2021 financial year results with a statutory pre-tax loss of £1b.
The revenue streams that will drive hospitality in 2021
The Recovery Summit gathered advice from across the industry, discovering how pandemic pivots can be made permanent and identifying the revenue generators of the future.
Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.
The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.
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