Harpers Wine & Spirit Trade News

Hospitality insolvencies rise 20% over past year

Published: 19 July, 2024

The latest company insolvency statistics reveal a 20% increase in accommodation and food service insolvencies over the year to May 2024, rising from 3,133 in the 12 months to May 2023 to 3,752 in the 12 months to May 2024. However, there was a 9% decrease in month-on-month insolvencies in May 2024.

Jubilee helps on-trade achieve 5% sales growth

Published: 20 July, 2022

June’s like-for-like sales at Britain’s top managed restaurant, pub and bar groups were 5% ahead of the pre-Covid-19 levels of June 2019, the latest Coffer CGA Business Tracker reveals.

Managed groups' like-for-like sales flat in May as cost crisis deepens

Published: 17 June, 2022

Like-for-like sales at Britain’s leading managed restaurant, pub and bar groups in May were just 0.1% ahead of the pre-Covid-19 levels of 2019, the latest Coffer CGA Business Tracker reveals.