Economics

What's in the news 10 June?

The MA's Review of the Week

Never been a greater need for innovation

By Ed Bedington

The MA's Ed Bedington caught up with Creative Hospitality's Bruno Nunes for his take on the big news this week, from pessimism in the face of the oncoming challenge through to reinvention for survival.

Are pubs able to weather the economic storm?

Are we all doomed?

By Ed Bedington

According to Luke Johnson, we might as well pack up our bags and go home, but are we as doomed as he suggests?

New power: the ALMR's Kate Nicholls will head UKHospitality

New ‘powerful voice’ vows to fight for pub rights

By Nicholas Robinson

New trade organisation UKHospitality, a fusion of the ALMR and BHA, has promised to fight hard for the £130bn hospitality sector after members voted in favour of its creation yesterday (21 February).

Positive measures: the ALMR has welcomed Sadiq Khan's business rates proposals

ALMR welcomes proposals to reform business rates

By Georgina Townshend

The Association of Licensed Multiple Retailers (ALMR) has embraced business rates reform schemes from both the Scottish Finance Minister and the London Mayor Sadiq Khan.

Call for action: Kate Nicholls says there is a need for a new ministerial role to address issues in the trade

ALMR calls for hospitality minister

By Michelle Perrett

The Association of Licensed Multiple Retailers (ALMR) is calling on the Government to appoint a hospitality minister.

'Considerable challenges': Tories promise to make longer-term business rates reforms Photo Credit: Jay Allen

General Election 2017

Tories promise long-term reforms to business rates system

By Georgina Townshend

The Conservative Party has admitted that the business rates system “presents considerable challenges” to small businesses and has promised to make longer-term reforms in its pre-election manifesto.

Wet-led sites fall by 2.1% in the last year

Pubs

Wet-led sites fall by 2.1% in the last year

By Sara Hussein

The number of wet-led sites has fallen by 2.1% in the past 12 months compared to the more marginal decrease in the number of food-led premises (0.4%) latest research has revealed.

Star licensees optimistic about 2017 trade

Star Pubs & Bars

Star licensees optimistic about 2017 trade

By Sara Hussein

Pub operator Star Pubs & Bars received 100% positive feedback from its licensees about their prospects for the year ahead despite staffing concerns. 

Analysis: The food-led pub juggernaut rolls on

CGA/AlixPartners data

Analysis: The food-led pub juggernaut rolls on

By Mike Berry

While UK pub numbers generally are in decline — with wet-led outlets losing out to food-led sites — vibrant city centres across the country are bucking the trend. Mike Berry reports.

Two-track recovery leading to higher spend on premium

Boost in spend on premium food and drink good for pubs

By Nicholas Robinson

Brits are continuing to buy less, but better quality, which is driving spend in gourmet dining establishments and boosting volume sales of Champagne and craft beer, research from Mintel has shown.

Alcohol duty too low according to Institute of Alcohol Studies

Budget

Alcohol duty judged 'too low' according to report

By Emily Sutherland

A new report from the Institute of Alcohol Studies (IAS) has claimed alcohol taxes are too low – despite UK drinkers paying 52p per pint in duty, one of the highest rates in Europe.

Is it a good market for first-time buyers?

Pub property

Is it a good market for first-time buyers?

By Nicholas Baker

Nicholas Baker provides us with his thoughts on the current environment for pub finance and tips for applying for finance as a first-time buyer.

Licensed Trade Charity launches sickness guidance

Guidance

Licensed Trade Charity launches sickness guidance

By Ellie Bothwell

The Licensed Trade Charity has launched new guidance to help prevent long-term sick and disabled people working in the licensed trade getting into financial problems.

Tax relief pubs

Licensees 'missing out on tax relief'

By Ellie Bothwell

Pub licensees are missing out on thousands of pounds in unclaimed tax relief, known as capital allowances — that’s according to a chartered accountancy firm.

Vianet beer flow monitoring

Vianet results suffer over pub industry statutory code uncertainty

By Rob Willock

Uncertainty surrounding the Government’s proposed Statutory Code for pub companies is casting a shadow over beer flow monitoring firm Vianet, the company reported in a trading update today - warning that full-year profits will be down circa 10%.

Wigham:

Wigham: Pub trade must unite to achieve VAT cut

By Paul Wigham

Those who know me are aware that I am a very involved council member at the Association of Licensed Multiple Retailers (ALMR) — the industry’s foremost representative organisation for licensed operators.