Earnings
Our Earnings coverage delivers detailed reporting on the financial results of key players in the UK foodservice and hospitality sector, including restaurant groups, pub chains, catering firms, and supplier brands. We analyse revenue performance, profit trends, cost pressures, and investor outlooks, helping operators benchmark against industry peers and assess commercial resilience, market dynamics, and growth opportunities across the trade.
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Apr- 2025 -29 AprilBeverages
Carlsberg sees ‘soft start’ to 2025 amid Britvic merger
Carlsberg has had a “soft start” to the year according to group chief executive Jacob Aarup-Andersen following the completion of its merger with Britvic. The Danish company posted a revenue increase of 17.4% for the three months ended 31 March 2025 but saw a 1.5% organic revenue development loss globally.…
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Mar- 2025 -26 MarchGovernment
Chancellor resists calls for business relief in Spring Statement
Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part of her Spring Statement today (26 March). UK businesses had been hopeful the chancellor would raise the relief rate for retail, hospitality, and leisure after cutting it to 40% in…
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14 MarchFood and Drink
Domino’s FY PBT rises 8.4% to £107.3m
Domino’s has revealed that its underlying profit-before-tax rose 8.4% to £107.3m for the year ended 29 December 2024, up from £99m in the previous year. Alongside this, the company’s system sales rose 2% from £1.54bn last year up to £1.57bn this year. Furthermore, the takeaway pizza company saw its underlying…
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Feb- 2025 -24 FebruaryBusiness
April cost hikes may force 70% of hospitality firms to cut jobs
A survey by hospitality trade associations has revealed that rising employment costs and reduced rates relief in April will force 70% of businesses to cut jobs, threatening workers’ incomes. The survey by The British Beer and Pub Association, the British Institute of Innkeeping, Hospitality Ulster and UKHospitality also revealed that…
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Jan- 2025 -28 JanuaryFeatures
How will the Scottish budget affect businesses?
On 4 December 2024 first minister John Swinney announced the budget for Scotland for the period of 2025-2026. It followed the announcement of the budget for the rest of the UK by chancellor Rachel Reeves in October. As part of devolution powers introduced under the Tony Blair administration, the Scottish…
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21 JanuaryTrade Associations
A fifth of hospitality staff to enter new employer NICs threshold
More than 774,000 hospitality workers, representing a fifth of the industry’s workforce, are set to enter into the new employer NICs threshold for the first time, according to new analysis from UKH. The trade body warns that the changes to employer National Insurance Contributions will hit hospitality hardest due to…
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17 JanuaryFood and Drink
Deliveroo FY profit guidance bolstered by strong Q4
Deliveroo has reported a 7% increase in gross transaction value (GTV) YoY to £1.97bn and a revenue growth of 6% to £545m in Q4, achieving the upper end of its adjusted EBITDA earnings guidance of between £110m-130m range. As a result, its FY 2024 GTV also saw a 6% rise…
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2 JanuaryPubs and Bars
More than 34 pubs a month stopped trading in 2024, data finds
The number of pubs that stopped trading permanently across England and Wales rose by 6.7% on 2023 levels, with more than 34 a month calling last orders for the final time in 2024, according to analysis of official government data by Altus Group. The commercial real estate adviser found that…
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Dec- 2024 -4 DecemberTrade Associations
Employment Rights Bill must reflect sector’s position, UKH says
UKH has urged the government to ensure the “unique” circumstances of the industry are reflected in any changes made to the Employment Rights Bill. It comes as the Bill’s four technical consultations officially closed this week (Tuesday 2 December). The trade body has submitted responses to each consultation, building on…
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Oct- 2024 -30 OctoberNews
Budget: Increases to employers’ NI and minimum wage
The Chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn in taxes, pledging to also boost long-term growth and “mark an end to short term-ism” as part of Labour’s first budget since it came into power. Employers’ National Insurance contributions…
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