Business

Pubs are set to see a resurgence bolstered by the World Cup and warm weather, the BDO Restaurants and Bars report has suggested. Hot weather in May helped boost trade across the UK for pubs, however, the Coffer Peach Business Tracker indicated a decrease in restaurant sales. Overall, pub, restaurant…

Carluccio’s has announced it will receive £10m of new funding from majority shareholder Landmark Group to “revitalise” 60 restaurants. Funding will also go towards refreshing brand standards and on-going food development. The investment, which will go towards refreshing brand standards and on-going food development, comes after a 28-day ‘challenge’ period…

England’s penalty shootout victory against Colombia has given the UK economy a £1.33bn boost according to new figures. The figures from the Centre for Retail Research (CRR) show that the UK will benefit from a £2.72bn boost if England make the final. It is thought that the majority of the…

UKHospitality has cautioned that any increases to the UK music licencing body’s ‘SFE’ tariff will place considerable burdens on venues and limit their ability to offer recorded music. The organisation which provides businesses with licences to play recorded music, PPL, has begun formally consulting on a revised Specially Featured Entertainment…

The British Retail Consortium (BRC) has asked the government to consider freezing business rates for two years to ease the pressure on retailers. By proposing a two-year freeze on increases, the BRC said it would give time for the government and industry to develop a proposal for an updated taxation…

New research has found the number of restaurants entering a company voluntary agreement (CVA) has increased by 143% over the last six months compared with the previous period. Data analysed by law firm Linklaters shows that there were 12 CVAs in the first quarter of this year. This compares to…

The UK’s top 100 restaurant groups grew their collective debt pile by 19% in the last year, from £1.65bn to £1.96bn, according to new analysis. Accountancy group UHY Hacker Young says many restaurant chains are still increasing their borrowing in order to acquire and fit out new sites, even as…

Slingsby Gin and UK hotel chain Hotel du Vin have partnered to create a series of suites inspired by Slingsby’s gin and the 24 botanicals used to create it. The ‘Slingsby Ginspiration Suites’ aim to offer guests a one-of-a-kind hotel experience, with each element of the room – from the…

London-based catering provider, Vacherin, has won a five-year contract with television broadcaster ITV. The contract will see Vacherin delivering a variety of catering services at the company’s existing site in Gray’s Inn Road and new temporary offices in Waterhouse Square, both in London. ITV was looking to appoint a service…

Hoteliers and restaurateurs estimate that a third of their annual revenue now comes from the millennial generation, according to new research. In a report, ‘Finding the balance: human touch vs high tech’, international law firm CMS showed millennials – people who reached adulthood in the early 21st Century – were…