A majority of business leaders now feel optimistic about market prospects for the next 12 months, while consumers are increasingly confident about going out, according the latest Future Shock report from CGA and UK Hospitality (UKH).
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Moët Hennessy and Campari Group have announced the formation of a 50/50 joint venture with the purpose of investing in wines and spirits ecommerce companies.
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The industry has welcomed Prime Minister Boris Johnson’s confirmation that social distancing measures will be lifted next week, a move that UK Hospitality (UKH) said would bring “huge relief” for the hospitality sector.
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Callum Saunders, head of planning at ZEAL Creative, looks to the latest BrewDog scandal over its “solid gold” cans for lessons on the importance of promotional excellence.
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The TaxPayers’ Alliance (TPA) has added its voice of support for the English wine industry calling for an end to the “unfair tax system that is crippling the industry”.
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A total of 76.2% of Britain’s licensed sites were trading by the end of May, with the number more than doubling from April’s 32.9% thanks to the return of inside service, according to the latest Market Recovery Monitor research from CGA and AlixPartners.
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The government has announced new legislation which will extend the rent moratorium past the former 30 June 2021 deadline, while also introducing a new arbitration system to solve disputes between landlords and commercial tenants affected by the pandemic.
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Business investment in the hospitality sector slumped 13.7% last year, trailing UK industry as a whole, according to the latest Office for National Statistics (ONS) data.
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Fears of staff shortages after the pandemic and Brexit, plus challenges in keeping post-furlough teams productive have come out as key concerns for hospitality business leaders.
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Any potential delay on further relaxation of restrictions this month would have a “devastating effect on an already-fragile hospitality sector”, Kate Nicholls, CEO of UK Hospitality (UKH) has said.
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UK Hospitality (UKH) has urged sector businesses in England to fully prepare for new business rates payments that will kick in from 1 July, with new bills expected to land in the coming weeks.
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The Adam Smith Institute has added its voice to calls on government to reduce post-Brexit red tape for the wine trade, including scrapping the much derided and wholly unnecessary VI-1 forms.
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The 40th London Wine Fair (LWF) is set to be a digital event this year, boasting a range of tastings, industry sessions, one-to-one meetings with winemakers and networking opportunities.
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One in four — just under 25,000 — of Britain's licensed premises have yet to reopen despite the return of inside service, according to the latest snapshot Market Recovery Monitor from CGA and AlixPartners.
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The £20m SME Brexit Support Fund, announced last month, is now open for applications.
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Additional grants that will benefit small and medium-size hospitality businesses in Wales have been announced by the Welsh government’s First Minister Mark Drakeford.
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UK Hospitality (UKH) has urged the government to review the roadmap again following the instigation of legal action by Pizza Express investor Hugh Osmond and night-time economy adviser for Greater Manchester, Sacha Lord.
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The Welsh government has extended the rent moratorium, which was due to end at the end of this month, by three months.
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Industry leaders welcome much of the Chancellor’s aid package but are disappointed it falls short in some vital areas, writes Lisa Riley.
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The Welsh government has unveiled a £30m support package for hospitality, leisure and tourism businesses affected by the Covid-19 pandemic.
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