Labour Costs

Predictions vs reality: testing OakNorth’s outlook on hospitality

The hospitality trade is a hard one. It runs hot in summer, cold in winter, and never moves in straight…

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Drinks sales boosted by Easter’s warmer weather, CGA finds

On Premise drinks sales were boosted by warm weather, school holidays and Easter during the first half of April, CGA…

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Drinks sales jump 5% thanks to good weather in April

Average drinks sales in managed venues in the week to 5 April were up by 5% from the same period…

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Tim Martin: NICs and labour rates to cost JD Wetherspoon £60m

JD Wetherspoon boss Tim Martin has warned that the imminent increases in National Insurance and labour rates will result in…

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Confidence of hospitality bosses falls for fifth quarter in a row

The confidence of hospitality leaders has fallen for the fifth quarter in a row as pressure mounts on operating costs,…

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Number of late-night hospitality venues falls by 2.8% in 2024

Britain’s late-night hospitality sector had a total of 2,264 nightclubs, late-night bars and casinos at the end of 2024, spelling…

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Tasty expects drop in FY24 sales amid challenging H2

Tasty, the owner and operator of restaurants in the casual dining sector, has announced that it expects to report total…

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How will businesses deal with increased costs in 2025?

Since chancellor Rachel Reeves’ Autumn Budget those in the hospitality industry have been bracing for a year of increased costs.…

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Comptoir sees revenues rise 9.5% to £34.5m

Comptoir Group, the owner and operator of Lebanese, Middle Eastern and North African inspired restaurants has reported a 9.5% increase…

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Mitchells and Butlers sees LFL sales rise by 5.2%

Mitchells and Butlers has reported a 5.3% like-for-like sales growth for the 51 weeks ended 21 September 2024 and a…

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