- Home
- Sectors
- Business & Finance
Foreign secretary Dominic Raab has said the government expects the next Covid-19 review, including if the 2 metre social distancing rule will be reduced, to be completed “within the coming weeks”.
Read more...
|
Britain’s hospitality sector was responsible for nearly a quarter of the GDP losses felt by UK business in April, according to the latest UK Hospitality tracker.
Read more...
The WSTA has hit out at government for misleading the public over claims that EU wine importation costs would, according to Defra, be “nil or negligible”.
Read more...
Chancellor Rishi Sunak has confirmed PM Boris Johnson has ordered a “comprehensive review” on the 2 metre social distancing rule.
Read more...
Despite the shift from on-trade to home drinking, lockdown could still leave a sobering £7bn hole in UK alcohol sales this year.
Read more...
Pub and hotel business Fuller’s has partnered with income-streaming provider Wagestream to give its staff access to their wages - or their furlough pay - ahead of pay day.
Read more...
The Drinks Trust has launched a number of new services focusing on improving the mental health of the industry and supporting them through what has been a troubling time for many.
Read more...
Tariffs will remain in place on wines imported into the UK after the current Brexit transition period ends.
Read more...
The government has announced it is extending the Job Retention Scheme (JRS) for an additional four months, while also adding in some provision to bring furloughed employees back to work on a part time basis.
Read more...
The UK’s retail sector will experience a delayed recovery well into the fourth quarter of 2020, with businesses needing to adapt to altered customer behaviours.
Read more...
Published: 20 April, 2020
The Wine & Spirits Trade Association (WSTA) on Friday welcomed government’s extension of the Coronavirus Job Retention Scheme (furloughing) to the end of June 2020, but pressed again for an acceleration of relief measures for businesses hit hard by the coronavirus crisis.
Read more...
Published: 20 April, 2020
Campari Group has announced it is in talks with privately owned French company Sarl Ficoma to buy a majority stake in Champagne Lallier.
Read more...
Published: 16 April, 2020
Trade associations from across the UK food and drink supply chain have come together to publish a letter, calling on governments to ensure the continuation of imports and exports of food and drink at this critical time.
Read more...
Published: 16 April, 2020
In its latest series of market insights, Wine Intelligence has highlighted five focus areas for wine marketeers to consider as companies battle through the extreme challenges thrown up by the Covid-19 pandemic and the developing recession.
Read more...
Published: 15 April, 2020
Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
Read more...
Published: 09 April, 2020
Naked Wines has announced it expects revenue for FY20 to be in excess of £200m, slightly ahead of current consensus.
Read more...
Published: 08 April, 2020
Treasury Wine Estates (TWE) and Penfolds are considering going their separate ways, with the latter set to be split off into a separate company to pursue global expansion into luxury beverages.
Read more...
Published: 07 April, 2020
The WSTA has written to the Chancellor outlining 3 steps the government can take with immediate effect to offer support to wine and spirit businesses during the coronavirus (Covid-19) crisis.
Read more...
Published: 03 April, 2020
Independent drinks wholesaler LWC Drinks has flipped reinstated staff to furlough saving part of the 220 people the business made redundant prior to the government’s business rescue scheme being announced.
Read more...
Published: 02 April, 2020
The Food and Drink Federation has announced a new partnership with recruitment app Syft in response to the ongoing coronavirus crisis.
Read more...