Property

Freeze ends: Chancellor Jeremy Hunt (fourth from left) has taken no action on business rates (credit: UK Parliament/Maria Unger)

SPRING BUDGET 2024

Business rates to go up as freeze ends

By Gary Lloyd

Despite the hospitality sector’s calls for a reduced business rates burden in the Spring Budget, Chancellor Jeremy Hunt’s lack of action on the subject means companies in England will endure a combined tax hike of £1.66bn from 1 April.

Business landscape: the figures looked at the closures in the sector last year (image: Getty/Anukoon Supawong)

194 pubs lost forever in 2023

By Nikkie Thatcher

Some 194 pub buildings were lost due to conversion or demolition last year, new figures have found.

New horizons: Two exciting sites open in the capital and there are also openings elsewhere

PROPERTY ROUND-UP

New bars open in the capital

By Amelie Maurice-Jones

An Italian seafood bar is set to open in the capital, while a Welsh pub reopens under new ownership and Inception Group launches a new site.

Latest acquisition: The Piano Works concept is now in the Sarah Willingham-led Nightcap portfolio

Nightcap acquires The Piano Works

By Gary Lloyd

Nightcap – the operator of 46 bars under brands including The Cocktail Club, Barrio Familia and the Adventure Bar Group – has acquired live entertainment concept The Piano Works.

Come and tech a look: technology is now vital for smooth service across all aspects of the on-trade

FEATURE - Technology

FEATURE: Finding the right tech to fit your pub

By Fiona Griffiths

Pub operators everywhere are facing challenging times but choosing the right technology solutions can help your business to survive – and even thrive.

Sector statistics: pubs saw like-for-like sales growth of 1 .5% in January (image: Getty/Yau Ming Low)

Flat sales reported for January

By Nikkie Thatcher

Hospitality groups reported like-for-like sales growth of 0.1% in January, new figures have shown.

What's in the news 9 February

REVIEW OF THE WEEK

‘VAT cut would allow us to pay staff more’

By Gary Lloyd

The Morning Advertiser’s associate features editor Gary Lloyd caught up with Banwell House Pub Company managing director Toby Brett to get his take on the week's news, what he wants from the Spring Budget and gives a prediction for England v Wales...

The Onley Arms pub in Stisted Essex to shut

Village pub to shut doors

By Amelie Maurice-Jones

A village pub in Essex is set to close next week after business became "totally unviable".

Rekom shuts 17 nightclubs

Rekom shuts 17 sites

By Amelie Maurice-Jones

Rekom UK has closed 17 sites across its estate following the completion of a pre-pack administration.

Stark figures: almost 23,000 firms lost since December 2022 (Credit: Getty/onfilm)

Almost 23k hospitality firms lost since 2020

By Rebecca Weller

Close to 23,000 licensed businesses across the sector have closed in the last three years, figures from the latest Hospitality Market Monitor have revealed.

Calling time: It's the end of the road for Manchester-based Squawk Brewing Co (credit: Getty/ilbusca)

Squawk Brewing Co announces closure

By Amelie Maurice-Jones

Squawk Brewing Co, founded in Manchester in 2013, will close its doors for good, with a final beer coming out in March.

Support an Independent Pub Day: London Pub Explorer urges people to support their local pub in the face of challenging economic headwinds (Pictured: Tuesday Roberts at the Northcote Arms)

EXCLUSIVE

Support an Independent Pub Day launched

By Rebecca Weller

The London Pub Explorer has launched ‘Support an Independent Pub Day’ in a bid to raise awareness of challenges and closures across the hospitality sector.

Property refurbs: this week's round-up features Brotherhood, Shepherd Neame and Inn Collection Group

PROPERTY

Brotherhood bars invests £500k into refurb

By Rebecca Weller

This week's property refurb round-up includes investments from sports bars operator Brotherhood, pub with rooms brand Inn Collection and Shepherd Neame.

Stop the rot: BBPA urges Gov to secure sector's future as 509 pubs shut in 2023 (Credit: Getty/ dmbaker)

More than 500 pubs closed in 2023

By Rebecca Weller

More than 500 pubs closed their doors for good last year, data from the British Beer & Pub Association (BBPA) has revealed.

Boss comments: M&B chief executive Phil Urban was delighted by the firm's trading performance

7.7% sales upswing for M&B

By Nikkie Thatcher

Mitchells & Butlers (M&B) has reported like-for-like sales growth of 7.7%, according to a trading update for the 15 weeks to 13 January 2024.

Fleurets Survey of Pub Prices January 2024: pub numbers expected to continue declining (Credit: Getty/onfilm)

Number of pubs expected to decline in 2024

By Rebecca Weller

The total number of pubs in the UK will “continue to decline” as more than a third of freehold sites sold in 2023 no longer operate as pubs, according to the Fleurets Survey of Pub Prices January 2024.

Finding more ways to prosper: Professor Victoria Wells

OPINION

Pubs have had to diversify to survive

By Victoria Wells, Professor of Sustainable Management School for Business and Society, University of York

As a pub researcher I’m almost always given pub (or beer) related gifts for Christmas and birthdays – Christmas 2023 was no exception.

New opening: £1.1m has been invested in the new JDW pub at Haven Primrose Valley

JDW to operate at Haven holiday parks

By Amelie Maurice-Jones

JD Wetherspoon (JDW) has signed an exclusive agreement with UK holiday park operator, Haven, meaning it can operate at its parks.

Spotlight

(credit: Getty/ViewApart) Experts give comment for the Beer Report 2024 The Morning Advertiser's Lock In Podcast episode 77 S4 Ep. 14: Stars in bars! (Feat. James May, Candice Brown and more) Competition kicked off: entry for the 2024 Great British Pub Awards is now open Hunt is under way for the Great British Pub of the Year The Morning Advertiser's Lock In podcast shortlisted for award Lock In podcast shortlisted for top award

Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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