Finance

Plenty to celebrate: JW Lees managing director William Lees-Jones

JW Lees set to announce record sales

By Gary Lloyd

JW Lees managing director William Lees-Jones has told The Morning Advertiser the brewer, pub operator and hotel business is set to post record sales when its financial year figures are published next week.

Welcome boost: economy grew 0.4% in May (Credit:GettyJ Studios)

May GDP growth 'positive news'

By Rebecca Weller

May’s GDP boost was a welcome indication the economy is returning to sustained growth but Government action is needed to unlock the hospitality sector’s full potential.

Perfect result: Pint sales exceed expectations by 56% during Euros 2024 semi-final (Credit:Getty/FG Trade)

EXCLUSIVE: 12.5m pints poured during Euros 2024 semi-final

By Rebecca Weller

Beer sales in pubs during the Euros semi-finals finished 56% higher than previously predicted with 12.5m pints poured during the 90-minute match, data from real time market intelligence firm Oxford Partnership has revealed.

Record results posted by Hydes Brewery

Hydes celebrates record results

By Ed Bedington

Salford-based brewer Hydes is celebrating after results showed it had increased turnover and profitability across its business.

Data analysis: pub and bar company insolvencies increased by 30% in the year ending 30 April (image: Getty/Alexander Sanchez)

Pub and bar insolvencies soar by 30%

By Felicity Giles

The amount of insolvencies of pub and bar companies has increased by almost a third (30%) as 784 were lost in the past year.

Significant promise: Labour pledged to reform business rates in its manifesto (Ingus Kruklitis)

GENERAL ELECTION 2024

Lookback at Labour's pledges during election campaign

By Rebecca Weller

After the nation elected Keir Starmer as Prime Minister, The Morning Advertiser (MA) has looked back on the pledges made by the Labour Party during the election campaign.

Work to be done: business administrations have risen (credit: Getty/okeyphotos)

NTIA: new Gov must stop rise in administrations

By Gary Lloyd

The Night-Time Industries Association (NTIA) has demanded the incoming Government take action after research showed there has been a 16% surge in business administrations so far this year.

Plenty of cheer: Euro 2024 has boosted sales at pubs (credit: Getty/monkeybusinessimages)

Knockout stages of Euros delivers for pubs

By Gary Lloyd

Pint sales in pubs have been helped by the Euros football tournament but, as with Euro 2020, the on-trade has been helped even more when the competition has reached the knockout stages.

Evolution rather than revolution: Simon Theakston

Profits and turnover rise at Theakston

By Gary Lloyd

Yorkshire-based brewer T&R Theakston has reported an 8% boost for its pre-tax profits in its annual report for the year ending 31 December 2023.

Price hikes: Lager costs up 4.6% YOY (Credit: Getty/Jack Andersen)

Pint prices jump 4.6% for second month in a row

By Rebecca Weller

The cost of a pint has increased by 4.6% for a second consecutive month, the latest year-on-year (YOY) figures from the Office for National Statistics (ONS) have revealed.

General election: Who will we see in Downing Street?

GENERAL ELECTION 2024

Pub operators' thoughts ahead of general election

By Rebecca Weller

Ahead of the general election tomorrow (Thursday 4 July) the Morning Advertiser (MA) has looked at operator opinions on the fate of the nation's pubs.

Disappointed: Interest rates held for seventh consecutive time (Credit:Getty/MicroStockHub)

UKH: rates should be cut as inflation falls

By Rebecca Weller

Trade body UKHospitality (UKH) has shared its “disappointment” at interest rates being held for a seventh consecutive time despite easing inflation.

NTIA demand: Michael Kills fears the UK night-time economy risks falling behind (credit: Getty/Marco_Piunti)

NTIA wants dedicated minister for night-time economy

By Gary Lloyd

The UK must follow the lead of world-leading cities in appointing a night-time economy minister to safeguard the future of nightlife, according to the Night-Time Industries Association (NTIA).