Unemployment

Unemployment figures ‘show fragility of sector’

20-Apr-2021 By Nikkie Thatcher

The latest jobs data highlights how fragile the hospitality sector is alongside the importance it has to the country’s economic recovery off the back of the pandemic, according to one trade body.

Pubs partner with Crisis homeless charity to offer jobs

05-Sep-2017 By Phil Mellows

Pub operators and charity workers are meeting later this month to explore routes to employment in the industry for Britain’s growing homeless population.

Employment rate lowest since 1975

16-Aug-2017 By Georgina Townshend

The unemployment rate is the lowest it has been since 1975, official figures have shown, with 125,000 more people in work in the three months from April to June 2017.

Licensees back MA call to cut VAT to 5%

23-Feb-2011 By Lesley Foottit

Licensees in Brighton and Hove have given strong support to the Morning Advertiser's campign to cut VAT to 5% in the hospitality industry. Support...

Distressed pub sales fuelled by economic downturn

03-Nov-2010 By Hamish Champ

The downturn in the economy has prompted a sharp rise in the number of forced pub sales, according to a leading property agent. Christie + Co said it...

Fewer pub rent reviews in recession

03-Aug-2010 By Gemma McKenna

The economic downturn has meant a slowdown in the number of rent reviews being carried out — that's according to Fleurets annual rental survey....

Luminar Group finance boss quits

13-May-2010 By Hamish Champ

Robert McDonald is to quit his job as finance director of Luminar Group, the nightclub operator, at the end of next month to "pursue other...

3DE leases pose us no threat, says Luminar

01-Mar-2010 By Hamish Champ

The economic downturn marked another victim last week as 3D Entertainment (3DE), the nightclub operator part-owned by Luminar Group, became the...

Luminar falls to new low on rights issue fears

24-Feb-2010 By Martyn Leek, M&C Report

Shares in Luminar reached a new low yesterday of 32p following fears that Simon Douglas would have to launch a fresh rights issue.

Green shoots - or just a bit of mould?

01-Feb-2010 By Hamish Champ

While obviously welcome, last week's news that the UK economy had edged ever so slightly out of recession during the last quarter with growth of 0.1...

'UK recession finally over'

26-Jan-2010 By Matt Eley Matt

Britain's economy finally exited its deepest recession since the 1930s in the fourth quarter of last year, growing by just 0.1% compared to the...

Luminar issues profit warning

14-Jan-2010 By Hamish Champ

Shares in Luminar Group were trading more than 11 per cent down today at 42.25p after the nightclub operator issued a profits warning and admitted...

It's still about the economy. Stupid

07-Sep-2009 By Hamish Champ

The summer is fast becoming little more than a distant memory in the minds of pub operators. It won't be long before the industry's attention...

Sales drop at The Restaurant Group

06-May-2009 By Ewan Turney

The Restaurant Group (TRG) has reported a 3% drop in like-for-like sales on last year for the first 18 weeks of the year.

FSB wants mediator to spark bank lending

17-Apr-2009 By William Rowland

A mediator would go a long way to repairing relations be between banks and small businesses, according to trade chiefs. In a recent poll over 70% of...

Adnams warns 2008 profits will be "substantially lower" than previous year

27-Jan-2009 By Hamish Champ

Suffolk brewer Adnams has warned its 2008 profits will be "substantially lower" than in 2007, as tough economic conditions continued to impact the...

Being happy in a recession, the Archie Norman way

17-Nov-2008 By Hamish Champ

Last week I listened to two highly successful businessmen tackle the vexed subject of how businesses could cope in a recession. At The Publican's Pub...

Talking 'bout a recession

16-Mar-2008 By Hamish Champ

It has been argued by those infinitely more sage-like than me that one can talk one's self into an economic downturn. If this is how it works it...