News-In-Brief

  • Dec- 2024 -
    6 December
    Today’s news in brief – 06/12/24

    Today’s news in brief – 06/12/24

    Cooks Coffee will expand its Irish footprint with Dairygold, which will see the Irish farmer owned co-operative operate and manage four Esquires-branded cafés within its Co-op Superstores in Middleton, Carrigaline, and Mallow in Cork and Raheen in Limerick. The contract is for an initial period of 10 years effective immediately. …

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  • 5 December
    Today’s news in brief – 05/12/24

    Today’s news in brief – 05/12/24

    UKH Scotland has welcomed the new 40% business rates relief for the sector, which will provide “much-needed support” for eligible hospitality businesses. However, the trade body also highlighted that 2,600 Scottish hospitality businesses will still miss out. Those businesses face increased employer NICs from the UK Budget. Itsu has secured…

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  • 4 December
    Today’s news in brief – 04/12/24

    Today’s news in brief – 04/12/24

    The Employment Rights Bill must reflect the sector’s “unique” position, UKH has urged the government. It comes as the Bill’s four technical consultations officially closed this week (Tuesday 2 December). In its submissions, UKH has highlighted that the proposed changes to statutory sick pay will have the unintended consequence of…

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  • 3 December
    Today’s news in brief – 03/12/24

    Today’s news in brief – 03/12/24

    SSP Group saw FY24 revenues rise by 17% to £3.4bn, as operating profits jumped by 32% to £206m during the period. It comes as the group performed well in North America, the UK, and APAC and EEME, despite a “disappointing” run in Continental Europe. Thanks to strong revenue growth in…

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  • 2 December
    Today’s news in brief – 02/12/24

    Today’s news in brief – 02/12/24

    Drinks sales in hospitality venues are “lagging” behind on tough comparatives to 2023. It comes as widespread chilly weather has pushed down sales throughout the week ended 23 November, with 17 November the only day with positive growth. Weekend sales also struggled, falling by 8% on 22 November, and by…

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  • Nov- 2024 -
    27 November
    Today’s news in brief – 27/11/24

    Today’s news in brief – 27/11/24

    Mitchells and Butlers total revenues hit £2.6bn in FY24, with like-for-like sales growing by 5.3%. This comes as the pub group has risen to a profit of £19m in its full-year results, up from a previous loss of £13m, following a strong trading performance. Post year-end, Mitchells and Butlers has…

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  • 26 November
    Today’s news in brief – 26/11/24

    Today’s news in brief – 26/11/24

    CAMRA has reported that pubs will soon be unable to stock 11 beers, following the Carlsberg buy-out of the last of Marston’s UK brewing operations. The Campaign for Real Ale has expressed concern that powerful global brewers could “hugely reduce consumer choice in the UK” as CMBC axes eight classic…

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  • 25 November
    Today’s news in brief – 25/11/24

    Today’s news in brief – 25/11/24

    Esquires Coffee is looking to double its UK branch network from 70 sites to 140-150 over the next three years. A recent growth push has seen the opening of 17 new outlets in areas across the UK. The brand is now aiming to open at least 10 new UK stores…

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  • 22 November
    Today’s news in brief – 22/11/24

    Today’s news in brief – 22/11/24

    D&D London revealed that its CEO and co-founder will be stepping down from his role after 30 years on 31 December 2024. David Loewi will serve as advisor to the board with a particular emphasis on international expansion, while a new CEO is appointed. Today, D&D London owns and operates…

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  • 21 November
    Today’s news in brief – 21/11/24

    Today’s news in brief – 21/11/24

    Cooks Coffee saw its total store sales for the UK&I rise 26% to £15.7m and like-for-like sales rise by 5.1%. In the UK, total store sales increased by 36% to £10.87m for the six months ended 30 September 2024. Meanwhile, in Ireland, its total sales increased 6% to £4.83m, and…

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