Only 1 in 3 firms optimistic about future as energy costs soar by 80%
Just 29% of hospitality businesses are optimistic about the next 12 months with energy cited as their biggest concern, new data has showed.
Archives for May 30, 2023
Black Sheep acquired by Breal Group
North Yorkshire-based Black Sheep Brewery, its shop and pubs have been acquired by lending and advisory firm Breal Group.
£97.5k ploughed into grassroots music venues
Some 23 grassroots music venues, including four pubs, have scored charity grants in the fourth round of Music Venue Trust’s (MVT) pipeline investment fund.
Continued drinks sales growth impacted by inflation
Early May bank holidays have helped pubs and bar drinks sales reach year-on-year growth for fourth week in a row but with inflation still in double digits, real-terms growth remains elusive.
'Eye-watering' impact of rail strikes to hit £3.25bn
Half-term rail strikes will cost the sector £132m, bringing the total “eye-watering” impact of the year-long strikes to £3.25bn, trade body UKHospitality (UKH) has claimed.