National Living Wage

Analysis

The National Living Wage: the story so far

20-Nov-2015 By Emily Sutherland

Chancellor George Osborne caught the industry off-guard earlier this year when he announced a new national living wage (NLW) of £7.20 per hour for workers aged 25 or over from April 2016, rising to £9 by 2020. Pub operators have been crunching the numbers...

Chefs could lose over £2k a year due to tax credit cuts

30-Oct-2015 By Daniel Woolfson

Certain chefs could lose more than £2,000 in tax credits a year under George Osborne’s proposed cuts, according to a new report.

National living wage 'to cost hospitality sector £13.2m by 2020'

16-Oct-2015 By MC Allegra FS

The hospitality and leisure sector will be hit with a £13.2m increase in wages by 2020 when the national living wage (NLW) comes into force.

BBPA chair: accept living wage - or face intervention

15-Oct-2015 By MC Allegra FS

Jonathan Neame, the chairman of the British Beer and Pub Association, has urged the sector to embrace the challenges of the national living wage or face further legislation.

Booker interim results: high aspirations for 2016

15-Oct-2015 By Daniel Woolfson

Booker expects to see continually strong performance in the pub sector in 2016, it said, after posting its interim results this morning.

Prices, and when to put them up - the big issue in the trade

15-Sep-2015 By Kate Nicholls

Pricing - it has been the number one topic of discussion amongst the retailers I have met over the past week.

City news

M&B reports 1.3% sales growth

29-Jul-2015 By James Wallin, MC Allegra FS

Mitchells & Butlers has reported like-for-like sales growth of 1.3% for the 43 weeks to 25 July, and said it is “assessing a wide range of options” to mitigate the effects of the National Living Wage.

City news

M&B share price slides following living wage announcement

22-Jul-2015 By M&C Allegra

Mitchells & Butlers has seen its share price slide since the announcement that a National Living Wage will be introduced.