A New York-based company, Knighthead Capital Management, has pledged to refinance Corbin & King's restaurants after making an offer to the administrators FRP Advisory.
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Grass-roots organisation Hospitality Rising has been appointed strategic leader of the industry’s biggest ever recruitment campaign, working in collaboration with the Hospitality & Tourism Sector Skills Board (HTSB).
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New research from CGA Strategy has uncovered a stark division between hospitality businesses in London and regional cities across the UK, with the latter thriving in the context of a difficult trading period, while London continues to struggle.
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In a campaign organised by UKHospitality, more than 250 business leaders from the service and leisure industries have written to the Chancellor Rishi Sunak, urging the government to keep VAT at 12.5% beyond March 2022.
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As the cost of living crisis and soaring energy bills continue to affect households across the UK, many in the hospitality sector are predicting double-digit price rises, inevitably to be passed on to consumers.
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The easing of Covid-19 restrictions is having a positive impact on drink sales across the on-trade, according to the latest CGA Drinks Recovery Tracker.
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Despite the inevitable trepidation surrounding the Omicron variant, 85% of British office workers say they are looking forward to a return to the office and getting to spend more time with colleagues – with work social events high on the agenda.
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Leading bar and restaurant operator Arc Inspirations has signed an agreement with HSBC to borrow £5m, allowing the company to fulfil its plans for expansion and growth.
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Sales of alcohol in the on-trade have continued to lag behind the levels seen in 2020, according to the latest CGA Drinks Recovery Tracker, yet a resurgence is forecast as Plan B restrictions come to an end this week.
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In light of the ongoing staff crisis facing the UK's hospitality sector, bar owner Sunny Hodge has raised a petition to extend the Skilled Worker Visa programme, arguing that it should be expanded to include non-managerial on-trade positions such as sommeliers, cocktail bartenders and maitre’ds.
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First Minister Nicola Sturgeon announced yesterday (January 25) that office workers would be allowed to return to their desks from 31 January, a move that has been enthusiastically welcomed by the Scottish Licensed Trade Association.
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Matteo Basso, head bartender at the Malt Lounge and Bar in London, has won the UK Bartenders Guild’s National Cocktail Competition 2022.
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Britain’s hospitality sector grew modestly in the last quarter of 2021, according to the latest CGA Market Recovery Monitor.
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One of London's most iconic addresses has appointed Angelo Sparvoli as its new head bartender, joining the team at Sofitel London St James hotel.
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New research undertaken by CGA Strategy has recorded a strong desire from consumers to visit on-trade venues, indicating that the sector has successfully allayed fears concerning the Omicron variant.
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Already battered on-trade businesses suffered further in what should have been their busiest time of year. Clinton Cawood reports.
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Newly released data from UKHospitality and CGA Strategy paints a grim picture for on-trade businesses, with sales in UK pubs, restaurants and bars falling 60% on Christmas Day, 31% on Boxing Day and 27% on New Year’s Eve, when compared to 2019.
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Not-for-profit organisation Healthy Hospo is calling for donations to enable the charity to further support hospitality workers during this turbulent period.
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As plans are drawn up for the Queen’s Platinum Jubilee celebrations in June, UKHospitality has petitioned the government to extend the UK's normal licensing hours during the bank holiday weekend.
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Consumer footfall across the UK’s hospitality sector increased between Christmas and New Year, according to the latest CGA Drinks Recovery Tracker.
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