Prices

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Scottish Parliament backs 50p minimum alcohol unit price

The Scottish Parliament has overwhelmingly backed a 50p minimum price per unit of alcohol. The move means that a minimum price could come into force as early as April next year. As a result, whisky will cost at least £14 a bottle...
Posted: 25 May 2012 | 12:18

Just 8% of alcohol products in supermarkets would be affected by minimum pricing

Just 8% of alcohol products not on special offer in supermarkets would be affected by a move to a minimum alcohol price of 40p per unit
Posted: 25 April 2012 | 11:09

Budget proves disappointing for pubs

Chancellor George Osborne's 2012 Budget has proved to be yet another disappointing one for pubs, having appeared to make no changes to the way in which alcohol is taxed. That means that the beer duty escalator...
Posted: 21 March 2012 | 14:02

Visits increase despite falling spending as Zolfo Cooper points to 'austerity fatigue'

Catererandhotekeeper NewsCustomers driving sales growth among UK restaurants, pubs, bars and clubs could be suffering from "austerity fatigue". That's the conclusion of new research by advisory firm Zolfo Cooper, whose biannual Leisure Wallet survey...
Posted: 13 February 2012 | 17:27

Entrepreneur Luke Johnson slams discount culture

Serial entrepreneur Luke Johnson has slammed the discount culture that remains prevalent on the high street, branding Groupon as a way to attract 'hit and run' customers. The Risk Capital Partners chairman, and former chair of Channel 4 and PizzaExpress...
Posted: 08 February 2012 | 14:12

OFT launches Groupon investigation

Catererandhotekeeper NewsThe Office of Fair Trading (OFT) has launched an investigation into voucher website Groupon after it broke UK advertising regulations 48 times in 11 months. Groupon has been referred to the OFT by the Advertising Standards Authority (ASA), according to the BBC...
Posted: 02 December 2011 | 14:42

JD Wetherspoon blames squeeze on consumers' incomes for drop in margins

Pub group JD Wetherspoon has blamed the squeeze on consumers' income for a 0.2% drop in operating margins to 9.3% for the first quarter of its financial year. Like-for-like sales rose 1.1% and total sales were up 7.3% over the 13 weeks to 23 October 2011...
Posted: 03 November 2011 | 12:41

Hotels.com warns over Olympics after major sporting events lead to hotel price rises in 2011

London City (rex)Hotel bookings website Hotels.com has warned consumers to book London hotel rooms early ahead of the Olympics, after it emerged that major sporting events...
Posted: 21 September 2011 | 16:13

IHG launches 'best price guarantee' website

IHG logoInterContinental Hotels Group (IHG) has launched what it describes as the "most powerful website guarantee", for guests booking on any of the IHG sites. The...
Posted: 21 September 2011 | 10:47

ALMR calls on Government to tackle cheap alcohol after hospital admissions soar

The Association of Licensed Multiple Retailers (ALMR) has demanded the Government gets tough on cheap alcohol, after a new study released today found drink-related...
Posted: 25 August 2011 | 17:13

Harden’s Guide finds London restaurant prices leap to record levels

London's restaurant prices have shot up by record levels this year, according to research released by Harden's London Restaurant Guide. The guide found that prices had increased by 11.1% in the last year...
Posted: 18 August 2011 | 11:44

Upselling can outline options for customers

Janie Stamford NEW 2011Upselling doesn't mean fleecing the customer, but making sure you provide the right options at the right time
Posted: 12 August 2011 | 11:10

Food inflation could ease after corn prices plummet

There are hopes that food inflation could ease after the price of corn took its biggest fall for 15 years yesterday. Prices fell 10% after the US Department of Agriculture said farmers were sowing large amounts of the crop...
Posted: 01 July 2011 | 10:19

Arid weather could cause further food price rises

Arable harvesterFood prices could rise even further this year, as a potential UK crop crisis brews. Arable crops in the UK are suffering as a result of a record dry spell this spring, with some experts predicting that there could be a 30% yield loss compared with normal levels.
Posted: 24 May 2011 | 14:28

Radisson, Thistle and Starwood in pricing-fixing probe – For more hospitality stories, see what the weekend papers say

A round-up of the weekend's news affecting the hospitality industry. News includes: walkout chefs at Ramsay Manhattan restaurant accused of sexism; Firmdale board appointments spark flotation or investment rumours and more...
Posted: 26 April 2011 | 10:08

Hospitality one of the sectors worst affected by the recession

Rex FeaturesHospitality is one of the sectors still being worst hit by the recession, new figures confirm. The latest PricewaterhouseCoopers (PwC) research found...
Posted: 19 April 2011 | 14:45

Consumer spending on eating out continues to rise

Consumers are spending more money eating out than in the retail sector, statistics from the Coffer Peach Business Tracker have shown. Sales in pubs...
Posted: 18 April 2011 | 12:24

Hotel pricing during Olympics under discussion

Key figures involved in a row over the pricing of hotel packages for London 2012 are to hold a meeting today in a bid to discuss the situation. Representatives...
Posted: 25 March 2011 | 12:12

Budget 2011: Angostura bitters set to become more expensive as special tax relief lost

Black beer and Angostura bitters are both set to lose their special tax relief as part of this year's Budget . Angostura...
Posted: 23 March 2011 | 14:50

Mayor slams hotel price hike for Olympics

Boris JohnsonThe mayor of London, Boris Johnson, has slammed the prices being charged by Thomas Cook for the hotel and ticket packages it is offering for next year's...
Posted: 21 March 2011 | 12:07

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27th May 2012