Interest Rates

Compass Group gifts £500k to fund apprenticeships in West Midlands

Compass Group has gifted £500,000 to West Midlands Combined Authority (WMCA) to boost hospitality and professional services courses in the…

Read More »

BoE raises interest rates to 5.25%

The Bank of England (BoE) has raised interest rates for the 14th consecutive time to 5.25% in a bid to…

Read More »

Liberation Group occupancy rates exceed 80% in H1

Liberation Group will be targeting becoming the “leading” provider of pub accommodation in the South of England, following the success…

Read More »

Brian Maule at Chardon d’or in Glasgow announces closure

Maule opened the restaurant in 2001 serving seasonal Scottish food after working alongside chefs like Michel Roux Jr and Albert…

Read More »

Loans repayment, inflation, staff shortages: what else we can expect from hospitality insolvencies?

What are the potential reasons for the continued increase in the number of hospitality insolvencies we’ve seen recently? Glyn: I…

Read More »

Drink sales rise YOY for ninth consecutive week

On-premise drink sales increased year-on-year for the ninth week in a row, up 7% compared with June 2022, according to…

Read More »

Foodservice price inflation hits 21.6% in May

Foodservice price inflation in the UK rose to 21.6% in May, just below the record high of 22.9% seen in…

Read More »

BoE raises interest rate to 15-year high

The Bank of England (BoE) has raised interest rates for the 13th consecutive time to 5%, the highest level in…

Read More »

High inflation impacting night time economy says NTIA

The Night Time Industries Association has said that high inflation is still impacting the night time economy and consumer spending.…

Read More »

Is the Green Transition hospitable for hospitality?

At a recent conference I overheard a business leader decry, “how can we go green when we’re in the red?”.…

Read More »