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Investor news: BrewDog co-founder James Watt has defended the company's latest initiative

BrewDog set to ‘tokenise’ Punks’ money

James Watt, co-founder of Scottish brewer and bar operator BrewDog, has announced the business is working with digital finance company Globacap to give its shareholders the option of having their equity “tokenised”.

Critical situation: 74% of operators surveyed stated energy costs biggest contributor to ‘plummeting’ profitability (Credit: Getty/ Dimensions)

Profitability ‘plummets’ as operating costs soar

Hospitality trade bodies have called on the Government to tackle inflationary headwinds and introduce a new tax and investment regime to get the industry back on track and recognise the contribution it could make to the economy.

Results revealed: the report found while there were significant pressures during the past two years, UK food standards were largely maintained

New food standards report warns of challenges ahead

An assessment into food standards across the nation has warned of challenges ahead to maintain levels.

Low levels of trade: city pubs hit hard as limited rail services provided over the weekend due to strikes (Credit: Getty/Dan Pratt)

City pubs see 50% decline in weekend sales following rail strikes

Weekend rail strikes saw hospitality sales “hugely affected”, particularly in London and Manchester, with some city pubs having reported a 50% decline in sales, according to S4labour and the British Beer & Pub Association (BBPA).

Bread basket of Europe: Prime Minister Boris Johnson urged world leaders to take urgent action to get essential food supplies out of Ukraine (Credit: Andrew Parsons Via No 10 Downing Street Flickr)

PM urges get essential food supplies out of Ukraine

Prime Minister Boris Johnson yesterday (Monday 27 June) called on world leaders at the 48th G7 summit to take urgent action to get essential food supplies out of Ukraine.

Drinks sales 1% behind 2019: inflation makes seeing real growth very hard according to CGA (Credit: Getty/The Good Brigade)

Drinks sales 1% below 2019 but inflation makes real growth 'very hard'

Average drinks sales in managed pubs, bars, and restaurants were 1% down in the seven days to Saturday 18 June compared with the same period in 2019, according to the latest Drinks Recovery Tracker from CGA by NielsenIQ.

Potential failure: DRS scheme needs urgent review according to sector (Credit:Getty/Daniel Grizelj)

Scotland's DRS scheme needs urgent review to avoid 'failure'

Scotland’s Deposit Return (DRS) Scheme could “prove a costly failure” without urgent review and poses “inherent financial risks to hospitality businesses”, according to MSPs and trade body UKHospitality (UKH) Scotland.

Sales boost in top 10 cities: a higher spend rather than greater footfall has been cited for spike (credit: Getty/SolStock)

Sector sales boost as workers and tourists return to cities

Sales of food and drink out-of-home are in growth in all of Britain’s 10 biggest city centres, according to research from CGA by NielsenIQ and Wireless Social.

McCain Foodservice Solutions launches Streets Ahead initiative to bolster the UK’s street food sector

McCain Foodservice Solutions and street food membership organisation KERB are joining forces for a major new initiative that will give people from less-advantaged backgrounds the opportunity to bring their food business idea to life.

BrewDog to offer pubs environmental support

BrewDog launches scheme to help pubs put the planet first

Craft beer giant BrewDog is launching a brand new initiative to support pubs and bars on its journey to putting the planet first.

Partnership formed: Hospitality Ulster Workforce Strategy launch – (l-r) Stephen Magorrian (vice-chair Hospitality Ulster), Kate Nicholls, Gordon Lyons and Colin Neill

Hospitality Ulster joins UKH to combat labour shortages

Hospitality Ulster and teamed up with UKHospitality (UKH) to launch its a workforce strategy to upskill the sector staff in Northern Ireland in a bid to tackle labour shortages.

Popularity soaring: make the most of screening women's football (Credit: Getty/Alistair Berg)

Feature: The goal is wide open, don’t miss

Football and pubs – that’s the domain of men only, right? Wrong. And you know that already.

Legal eye: Poppleston Allen's Suraj Desor explores the late-night levy

The late-night levy – where are we now and what is next?

With the news that Nottingham City Council is considering removing the late-night levy that is currently in place, 10 years on from its introduction, how has it fared and what next for the levy?

The Morning Advertiser Lock In Podcast episode 45

The ongoing impact of the Pubs Code...

The Lock In team take a look back at the Pubs Code and the impact of MRO - how has the legislation reshaped the UK pub market for the better or worse, and what does the future hold?

Heineken Beer Report shows younger drinkers attracted to premium brands

Heineken UK launches Beer Report collating insights to boost the on-trade

Exclusive research in Heineken UK’s Beer Report reveals younger generation beer drinkers are driving the move away from classic lagers toward more premium brands.

A real treat: Delightful Cookies using Callebaut chocolate

Get Inspire-d with Callebaut’s latest publication

Callebaut’s highly anticipated Inspire magazine is now available to download.

Let's stop being cheap with cask

Our consistently cheap approach to the sale of cask beer is one of the main reasons we struggle to ignite the category.

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Spotlight

Feature: The goal is wide open, don’t miss

To beer or not to beer: multiple operator Fuller’s has put opera and Shakespeare shows on and gained huge traction with customers

FEATURE: Be wise before the events and occasions

The Morning Advertiser Lock In Podcast episode 44

Do pubs need to improve on tech?

Sparks are still flying in our love affair with gin

Funkin Cocktails shows cocktail opportunities for on-trade operators

Capitalise on cocktails to increase margins

Sleek design: the new font for Kopparberg draught Strawberry & Lime

New draught font for Kopparberg Strawberry & Lime

Property of the week

Superb tenancy opportunity in an Oxfordshire community-owned pub

- Tenancy

In 2020, the community bought the White House in Bladon. This historic, 17th century pub, is on the edge of the Blenheim Place estate, and is reputed to be the place...

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