Finance
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Enterprise Inns has called on all retailers of alcohol to “face up to their share of responsibility” ahead of tomorrow’s meeting between Prime Minister Gordon Brown and drink retailers and producers.
Posted: 20 November 2007 | 11:59
Enterprise Inns believes the coming year will be “difficult for some pubs”.
Posted: 20 November 2007 | 11:08
The British Beer & Pub Association (BBPA) has called on the Government to freeze beer duty for the second time this year as beer sales in the UK slump to their lowest on-trade level since 1969.
Posted: 20 November 2007 | 10:25
The tourism industry is to write to Prime Minister Gordon Brown to press for an urgent review of tourism policy, reversal of funding cuts and separate funding to deliver the 2012 Olympic tourism strategy.
Posted: 19 November 2007 | 07:00
Coffee chain Starbucks is to make its first foray onto the TV screens of America after sales in the USA began to stagnate as consumers tightened their purses.
Posted: 16 November 2007 | 16:14
FishWorks has raised £2.3m through a share placing to accelerate its recovery plan.
Posted: 16 November 2007 | 11:01
The food service sector remains optimistic about the next 12 months, despite the global credit crunch and fears about falling consumer spending, research will reveal today.
Posted: 15 November 2007 | 14:00
Pub-with-rooms operator Young’s today said it is reaping the benefits of restructuring its business as it looks to secure its share of the premium end of the pub market.
Posted: 15 November 2007 | 12:08
High prices, the worsening economy and the weak dollar are beginning to hit the hospitality sector with one million fewer tourists visiting the UK during the three months to September, compared with the same period in 2006.
Posted: 15 November 2007 | 11:31
Argentine steakhouse chain Gaucho Grill has abandoned its planned initial public offering (IPO), it emerged today.
Posted: 14 November 2007 | 12:30
Tourism minister Margaret Hodge has defended the Government’s decision to cut VisitBritain funding by 18%.
Posted: 12 November 2007 | 13:00
Punch Taverns said sales at its managed pubs had flattened in the first few weeks of its new financial year following July’s smoking ban and waning consumer confidence.
Posted: 08 November 2007 | 15:32
Robert Tchenguiz has hit out at “unfounded speculation” linking him with the sale of his stake in managed pub operator Mitchells & Butlers (M&B).
Posted: 07 November 2007 | 11:17
Motorway services provider, Moto Hospitality, has failed in its last ditch bid to get a £15.5m compensation claim heard by the highest court in the land.
Posted: 07 November 2007 | 07:00
InterContinental Hotels Group’s (IHG) planned global re-brand of Holiday Inn has been received well by franchisees, the hotel group said today.
Posted: 06 November 2007 | 14:38
JD Wetherspoon chief executive John Hutson predicted a return to buoyant sales in six to seven months, after admitting a dip in bar sales following the start of England’s smoking ban this July.
Posted: 06 November 2007 | 13:16
Punch Taverns is expected to unveil a drop in profits on Thursday as the impact of the smoking ban starts to hit home.
Posted: 05 November 2007 | 13:45
The UK arm of fast-food giant McDonald’s saw profits surge in 2006 as its strategy of focusing on burgers rather than healthier options paid off.
Posted: 05 November 2007 | 13:29
A stock market flotation for the restaurant business of Laurel Pub Company, including La Tasca, Slug and Lettuce and Ha Ha bar & grill, is “an option” for its owner Robert Tchenguiz.
Posted: 05 November 2007 | 13:19
The Wolseley in Piccadilly has posted sales in excess of £10m for the past year and become one of London’s top grossing restaurants.
Posted: 05 November 2007 | 13:09
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