
Diageo’s profits tumble after rocky year
Diageo’s profits fell almost 30% last year as the world’s largest spirits maker suffered at the hands of changing drinking habits and global tariffs.
Diageo’s profits fell almost 30% last year as the world’s largest spirits maker suffered at the hands of changing drinking habits and global tariffs.
Greene King Pub Partners, the leased, tenanted and franchise division of Greene King, has announced its biggest annual investment in recent years.
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Having taken on the role of leading Wye Valley Brewery’s beer production when it moved away from the back of a pub, Vernon Amor has overseen continual growth for the business that also operates seven pubs.
The Campaign for Real Ale (CAMRA) and #ToastToTheCrookedHouse campaign have called for people across the world to toast the Crooked House and ‘break the internet’.
Hospitality firms are in “survival mode” one trade body has said after figures showed two venues a day closed during the first six months of the year.
Great weather helped boost on-trade drinks sales back into growth in the first week of July.
Operators are being urged to ensure staff are fully trained on the Ask for Angela initiative to protect vulnerable people in the late-night economy.
A Top 50 Gastropubs site in Bristol has permanently closed its doors due to a reduction in summer footfall.
Independent venues and food-led business have borne the brunt of closures so far in 2025, the new Hospitality Market Monitor from CGA by NIQ and AlixPartners has shown.