The latest insolvency figures show just how hard the hospitality industry has been affected by the cost-of-living crisis and soaring energy bills, with pubs, bars and restaurants some of the worst hit among UK businesses.
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Next month, the Drinks Trust will launch the Emergency Energy Poverty Fund, a dedicated grant-giving campaign to help vulnerable hospitality workers heat and power their homes.
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Trade bodies, charities and training providers have come together to promote Hospitality Apprenticeships Week 2022, running between 3 and 9 October.
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Much is written in Harpers about alternative styles and lesser-known grape varieties, and for good reason – discovering new and exciting wines is all part of the fun in this business.
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The six-month energy cap unveiled by the Prime Minister yesterday has been met with a smattering of optimism among businesses. Though predictably, the resounding consensus from many corners of the trade is that the measure does not nearly go far enough in limiting the impact of exorbitant energy costs.
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Inflation is 2022’s pandemic. As we emerge from a health-focused crisis, it’s increasingly becoming clear that the health of the public purse and the damaging cost of living is now society’s most pressing issue. No sector is unaffected. From household items to commercial costs – largely driven by spiralling fuel and shipping increases – all are feeling the additional weight of rising costs, which even the biggest players aren’t able to absorb.
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Businesses are facing a brutal decision this winter: charge customers to keep the lights on, or risk going bust under eye-watering energy bills.
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On Monday (5 September), Conservative Party members chose a new leader and, therefore, a new Prime Minister. Liz Truss secured 57% of the vote, defeating Rishi Sunak in the race to Number 10.
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With Scotland announcing it will be going ahead with the introduction of its deposit return scheme (DRS) next year, on-trade operators have been voicing their concerns and identifying some potential pitfalls. England, Wales and Northern Ireland are also set to introduce their own schemes in 2024, so operators there will also have an eye on how it goes north of the border.
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London Cocktail Week will return to the capital this October, the biggest festival of its kind.
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UKHospitality (UKH)chief executive Kate Nicholls has written an urgent letter to the UK government, outlining the potential disaster facing thousands of businesses in light of the energy crisis.
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The Drinks Trust has partnered with the Equal Measures initiative to support marginalised and underrepresented people within the cocktail and spirits industry.
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As inflation takes hold of consumers and businesses alike, the hospitality industry remains in a deadlock, with businesses planning for more challenging times ahead.
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Unemployment levels are at a record low, while the total number of job vacancies in May-June 2022 was 1.3million, this is according to figures released today by the Office for National Statistics (ONS).
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Tao Group Hospitality has announced the appointment of Christopher Delalonde MS as head of wines at Tao Group Hospitality UK.
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Less than a week before the announcement of The World’s 50 Best Bars 2021, sponsored by Perrier, 50 Best has revealed the bars voted onto the extended 51-100 list.
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The national accountancy group, UHY Hacker Young, has revealed that a record 64% of the UK’s top 100 restaurant companies are now making a loss.
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Hospitality businesses are facing a case of ‘out the frying pan, into the fire’ this autumn as the UK teeters on the verge of a recession and a crippling cost of living crisis, leading members of the trade have said.
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Some of London’s top bars have made a splash at Tales of the Cocktail’s annual Spirited Awards, where they picked up five of the eight international awards – including the gong for the World’s Best Bar.
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Temporary changes brought in to help the hospitality industry during Covid will be extended until Spring 2023 before being made permanent.
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