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Pubs sales up 16.8% in wake of bank holiday weekend

Transactions at pubs, bars and clubs reached a 2024-high on Saturday 4 May, as the sunny weather and bank holiday…

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Nearly 75% of consumers visited a pub or bar over Christmas

Nearly three quarters (73%) of consumers visited a licensed venue over the festive season, according to data from CGA. However,…

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Hospitality sales rise ‘modest’ 1.4% in February

Top hospitality groups across the country saw modest like-for-like sales growth of 1.4% in February, according to the latest CGA…

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800 licensed premises lost in Q4

The number of licensed premises in the UK dropped by 0.8% in the fourth quarter of 2023, with a net…

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Various Eateries reports FY23 losses despite 12% rise in revenues

Various Eateries has reported an adjusted EBITDA loss of £2.2m, despite revenues growing 12% to £45.5m during the year ending…

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Franchises in and mid-market out: The year ahead for the restaurant industry

The last year has been a difficult one for the restaurant industry. While the pandemic was tough for a lot…

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CGA warns border checks threaten deceleration of foodservices inflation

Apprehensions are growing about a resurgence in inflation as a result of new border checks despite the recent general downward…

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Why are insolvencies more likely to affect the hospitality sector?

According to PwC’s outlook for 2024, there will be a significant rise in corporate insolvencies in 2024, just shy of…

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Today’s news in brief – 15/01/24

Drake and Morgan reported record festive trading, with like-for-like sales up 31.7% against the same period in 2022. Christmas bookings…

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More than 4,500 Stonegate pubs at risk amid £2.6bn debt

More than 4,500 Stonegate pubs could be at risk as parent company TDR capital seeks to refinance £2.5bn of debt,…

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