Closure
In this section, we report on restaurant, pub, bar, café, and catering business closures across the UK, and the commercial, operational, and market factors behind them. From high-street exits and group-wide restructures to insolvencies, lease surrenders, and strategic site rationalisations, we cover the real-world impacts of rising costs, labour shortages, shifting demand, and margin pressures. We go beyond headlines to explain why closures are happening and what they mean for the wider sector. Whether you’re benchmarking performance or navigating tough decisions, we provide the context hospitality professionals need to stay informed.
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Mar- 2021 -25 March
Leon closes its US operations
Leon has called time on its US operations after just two years, announcing the closure of four sites in Washington DC and Virginia. Having launched in the US in 2018 with plans to further extend throughout the country, pressures from the “continuing pandemic” have led the group to streamline its…
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25 MarchTrade Associations
Business rates relief cap may ‘jeopardise’ sector recovery, warns UKH
UKHospitality (UKH) has warned that the business rates relief cap could “jeopardise” the hospitality sector’s economic recovery following the pandemic. Analysis from the trade association reveals almost 8,000 business venues, employing an estimated 343,000 people will be paying full rates in July, despite Budget measures to soften the acute rates…
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23 MarchGovernment
UKH calls for gov to look at ‘data not dates’ when lifting restrictions
UKHospitality (UKH) is urging the government to follow “data not dates” and loosen some of the restrictions slightly earlier than the current roadmap. According to the group, the continued success of the vaccination programme should allow for “hotels with self-contained rooms to be able to open alongside other self-contained accommodation…
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19 MarchPubs and Bars
Stonegate suffers £746m loss due to Covid-19
Stonegate Pub Company has revealed it made a loss-before-tax of £746m for the full year ended 27 September 2020. The group, which is owned by TDR Capital, saw revenues fall 17.1% from £853m in FY 2019 to £707m. However, through its £1.27bn acquisition of Ei Group in March 2020, Stonegate…
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18 MarchRestaurants
Pizza Express to reopen 118 restaurant this April
PizzaExpress has announced that after a three-month hospitality hiatus, it will be welcoming back customers from 12 April to 118 of its restaurants in England for outdoor dining. Last year, the group formally launched a CVA in a bid to reduce its restaurant estate and rental cost base following the…
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16 MarchBreweries and Distilleries
Number of UK breweries rose by 7.5% in 2020
The number of breweries in the UK increased by 7.5% in 2020, according to research carried out by UHY Hacker Young. There are now 3,000 breweries in the country, despite pub and bar closures resulting from pandemic lockdowns. In 2020, pubs were closed for 161 days, which is around 44%…
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9 MarchPeople
Hospitality salaries up ‘significantly’ despite pandemic, report finds
Despite the economic impact of Covid-19, average salary levels across the hospitality and leisure sector grew “significantly” in 2020, according to new data released by recruitment group Reed. From analysis of over 6.5 million jobs posted to reed.co.uk over the last three years, the Reed Hospitality and Leisure Salary Guide…
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8 MarchBusiness
Deliveroo losses narrow to £233.7m ahead of London float
Deliveroo has revealed a narrowing of its losses to £233.7m during 2020 while also confirming its London stock market floatation. The food delivery app gave prospective investors an insight into its financial performance today (8 March, as part of the launch of its Initial Public Offering (IPO). Its trading update showed…
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2 MarchTrade Associations
Sunak’s ‘unrealistic’ rent figures spark uproar among pub tenants
A recent comment made by Rishi Sunak has “sparked uproar” amongst the nation’s tenant publicans after the chancellor quoted “wholly unrealistic figures” regarding the amount of rent they pay when speaking on a recent TV appearance. According to Campaign for Real Pubs, on Sunday 28 February when talking on the…
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1 MarchCoronavirus
Chancellor to unveil £5bn support package
Chancellor Rishi Sunak is expected to offer over 700,000 retail, hospitality and other businesses grants of up to £18,000 as part of a £5bn rescue package to be included in his Budget speech on Wednesday (3 March). The new ‘Restart Grants’ will be directly distributed from local authorities from April…
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