Economy

Reasons to be optimistic

11-Nov-2022 By Ed Bedington

The MA's Ed Bedington caught up with Robinsons Brewery's William Robinson to discuss the economic outlook and grounds for optimism amid the challenges we're facing.

Economy grows when sector 'fires on all cylinders'

12-Oct-2022 By Rebecca Weller

Shrinking GDP shows when the hospitality sector “fires on all cylinders” the economy grows, UKHospitality (UKH) chief executive Kate Nicholls has stated.

Brexit has cost UK growth, admits Johnson

23-Aug-2022 By Ed Bedington

Hospitality entrepreneur and leave campaigner Luke Johnson has admitted that Brexit has cost the UK economy growth.

Action needed now on energy crisis

19-Aug-2022 By Ed Bedington

In the 1920s there were pictures of German consumers wheeling barrows full of cash to pay for a loaf of bread.

Pubs fear recession is on the horizon as economy contracts 0.3%

14-Jun-2022 By Rebecca Weller

The UK economy contracted by 0.3% in April, statistics from Office for National Statistics (ONS) revealed earlier this week as some pubs feared they were already seeing a recession.

Sector ‘main growth driver' of economy

11-Apr-2022 By Nikkie Thatcher

The accommodation and food services sector activities grew by 8.6% in February 2022 and was the main contributor to the service industry’s growth in that month, official figures have revealed.

Ukraine invasion could pose economic uncertainty

14-Mar-2022 By Rebecca Weller

Chancellor of the Exchequer Rishi Sunak has warned Russia’s invasion of Ukraine heeds economic uncertainty for the UK despite a slight growth in January.

Hospitality sector makes 'significant contribution' to UK economy growth

13-Aug-2021 By Michelle Perrett

The hospitality sector has made a “significant contribution” to the latest Office of National Statistics (ONS) figures that showed that the UK economy grew by 4.8% in Q2 2021 as coronavirus restrictions were lifted.

Largest GDP slump in 300 years ‘another indicator’ of pub and brewery devastation

15-Feb-2021 By Stuart Stone

GDP figures published by the Office for National Statistics (ONS) show the UK economy contracted by 9.9% in 2020 – the largest annual slump in more than 300 years.

UKH: GDP dip highlights ‘economic importance of hospitality’

19-Jan-2021 By Stuart Stone

UKHospitality (UKH) chief executive Kate Nicholls has described recent GDP figures as “pretty depressing, if not surprising, reading”.

UK economy rebounds from recession with record growth

12-Nov-2020 By Stuart Stone

Though not enough to reverse the damage caused by the ongoing pandemic, the UK's economy saw record growth of 15.5% from July to September according to latest figures.

Business investment in hospitality sector plummets by almost 70%

22-Oct-2020 By Stuart Stone

Business investment in the hospitality sector fell by 68.8% year-on-year in Q2 as coronavirus continued to stifle the economy, according to data from specialist tax relief consultancy Catax.

Gov says 10pm curfew ‘balances saving lives and minimising economic impact’

06-Oct-2020 By Nikkie Thatcher

The Government has said the decision to implement the 10pm curfew on hospitality businesses including pubs “strikes a balance between the economy and saving lives”.

Brexit 'slowing down' catering equipment industry

20-Jul-2018 By Emily Hawkins

The catering equipment industry is apprehensive about its future, with fears Brexit will have a detrimental impact, a survey has revealed.

Extra £30m worth of pints will be sold in UK pubs during England semi-final

10-Jul-2018 By Emily Hawkins

The UK economy could receive the massive money boost from pints bought during England’s clash with Croatia in the World Cup semi-finals, it has been predicted.

Consumers 'splashed out' in pubs over January with double-digit year-on-year growth

07-Feb-2018 By Georgina Townshend

While beer sales may be the lowest since 2013, spending in pubs through the first month of 2018 saw double-digit growth, as Brits ditched Dry January and sought to cure the new year blues with meals and evenings out with friends and family.

ALMR manifesto says Government must do more to help pub sector

04-Jun-2014 By James Wallin

Economic growth must be prioritised in local planning and licensing decisions, the Association of Licensed Multiple Retailers has urged.

Carlsberg UK joins cider industry association

06-Dec-2013 By Mark Wingett

Carlsberg UK has joined the National Association of Cider Makers (NACM), following the launch of its Somersby cider brand in March.

Beer duty cut has increased confidence in sector, says BBPA

23-Sep-2013 By Ellie Bothwell

Six months on from the beer duty cut, confidence is growing in the pub sector – that’s according to new figures from the British Beer and Pub Association (BBPA).

Food and drink spend on dates rises

02-Sep-2013 By Mark Wingett

A combined study by dating website match.com and the Centre for Economic Business Research (CEBR) found that dating contributes about £3.6bn every year to the UK economy and that this has increased by £200m so far this year, compared with 2011.

Carnage will not expand student events

15-Sep-2011 By Michelle Perrett

Varsity Leisure Group (VLG) has decided not to expand the number of Carnage student pub crawls that it hosts for the coming academic term, saying it’s not possible to host more events.

Licensees laud Pub is the Hub scheme

17-Jun-2011 By Adam Pescod

A large majority of licensees would recommend a Pub is the Hub scheme to other pubs, because it can benefit the wider community, while also...

SA Brain profit hit by slow economy

27-May-2011 By John Harrington, M&C Report

SA Brain, the Cardiff-based brewer and pub operator, has blamed the slow economic recovery for causing its results to fall behind target for the year...

Turnover up 8% at The Restaurant Group

11-Nov-2010 By Ewan Turney

The 380-strong Restaurant Group has reported an 8% in turnover for the 45 weeks to 7 November on last year.

Pinstripe: Economic green shoots? Or merely a rather unpleasant fungus?

17-Aug-2009

I watched with incredulity last week as ministers of our government effectively leapt for joy at announcements by the French and Germans that their...

Mitchells & Butlers marches on

27-Sep-2005

Mitchells & Butlers continued to eat up market share during 2005 and expects overall trading for the year to be at the top end of expectations.In...

What the Sunday papers said

20-Jan-2003

The Sunday TimesTHOUSANDS of asylum seekers are to be housed in country hotels and mansions being bought by property firms working for the Home...

What the Sunday papers said - 06 January

07-Jan-2002

The Sunday TimesThe City should witness a sharp rise in the number of companies making stock-market debuts this year, with an upturn in sentiment and...