Business Rates
We provide essential coverage of business rates policy and reform, and how it impacts operators across the UK foodservice and hospitality sector. From government relief schemes and revaluation updates to lobbying efforts led by UKHospitality and industry coalitions, this captures the key developments influencing site viability and cost pressures. Whether you run a single high-street restaurant or oversee a multi-site pub or catering group, we explain how changes to the business rates system affect your bottom line, and what you need to know to plan ahead.
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Jun- 2018 -13 JuneAdvice
Social media – a potential goldmine for the licensed trade
The pubs and bars industry remains a challenging place be. With competition for punters ever more fierce, the rising price of food and alcohol, higher rent costs and increased business rates have made conditions ever more difficult. Savvy owners and operators are always looking for something to give them the…
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May- 2018 -31 MayAdvice
Creating a sustainable future within the hospitality sector
There is an increasing need for businesses in the hospitality industry to foster sustainable initiatives and identify practical solutions to improve their environmental impact. In fact, two-thirds (67%) of UK consumers recently stated they would boycott brands that lacked an ethical conscience. At the same time, the food and hospitality…
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25 MayBusiness
Oakman Inns sees 6.8% sales growth
Pub chain Oakman Inns has reported a 6.8% growth in like-for-like sales, with the group recording a total growth of 22.2% for the year. Growth has continued into the new financial year as the pub chain saw it up 5.2% over the first seven weeks. Oakman Inns CEO Peter Borg-Neal,…
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18 MayOpinion
Embracing the disruption – the rise of delivery
The rise of delivery is shaking up the restaurant industry. Working closely with key operators in the sector, to understand their response to shifting consumer behaviour and advances in technology, Pragma has weighed up the operational challenges of delivery, and considered what the future holds. Market Dynamics With operators facing…
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17 MayBusiness
34 Carluccio’s restaurants to close after it announces CVA
Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary agreement (CVA). As many 103 UK sites are also set to “exit” as part of restructuring at the company. The CVA, yet to be approved by creditors will see the…
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16 MayTrade Associations
Cost pressures could risk sector jobs, UKHospitality warns
The UK’s largest hospitality industry trade association, UKHospitality, has warned the government that taxation and regulatory pressures risk undoing the job creation carried out by the hospitality sector since 2008. The warning follows the publication of data by the Office for National Statistics (ONS) that shows there are 31,000 fewer…
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9 MayBusiness
Restaurants left to starve as door-to-door service bites
The UK restaurant industry is under grave threat from the growing trend of customers wanting food delivered to their door according to new research. A study by consultants Duff & Phelps found demand for food delivered to customers’ homes has grown 10 times faster than takeaway. Examples include food delivery…
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9 MayPubs and Bars
JD Wetherspoon Q3 sales grow 3.5%
JD Wetherspoon has reported a 3.5% sales increase in the 13 weeks up to 29 April 2018. The pub group’s like-for-like sales increased by 3.5% and total sales increased by 2.8%. Year-to-date like-for-like sales have increased by 5.2% and total sales have increased by 3.8%. The third quarter last year…
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3 MayBusiness
Pizza Express turnover up by 6.3%
Pizza Express has announced a turnover of £534.2m for the year, a 6.3% increase on last year’s results. Like-for-like sales for the group, which exclude new store openings and store closures, also increased, by of 1.4%. The pizza chain opened 27 new restaurants of their own overseas last year, with…
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Apr- 2018 -16 AprilBusiness
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017 Business Rates Revaluation, according to Colliers International, the global commercial real estate agency and consultancy. Ten of those have happened since the beginning of this year – in the last…
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