Financial

Tube strikes knock hospitality revenue by 18%

Tube strikes knock hospitality revenue by 18%

By James McAllister, MCA

Last week’s industrial action across the Tube network contributed to a sharp drop in hospitality revenue across the capital, data from employee experience platform Harri has shown.

Food-led visits drive record spend in pubs

Food-led visits drive record spend in pubs

By Rebecca Weller

March delivered a record high in spend per head across the on-trade, driven by food-led occasions and a continued shift towards premium serves, according to new data.

JDW reveals plans to open up to 35 pubs

JDW reveals plans to open up to 35 pubs

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) is looking to open around 15 managed pubs and 15 to 20 franchised pubs in the current financial year, it revealed in a recent trading update.

OPINION: Do we need a sense of perspective?

OPINION

OPINION: Do we need a sense of perspective?

By Ed Bedington

The vitriolic response to the Government heralded launch of an energy saving initiative might well have taken the powers that be by surprise, but perhaps the industry does needs to regain a sense of perspective.

Warning about beer price hike due to Iran war

Warning about beer price hike due to Iran war

By Nikkie Thatcher

Operators have been advised to expect increased prices on products such as beer, food and furniture due to rising oil and gas prices as a result of the ongoing unrest in the Middle East.

Tilray Brands acquires BrewDog Australia

Tilray Brands acquires BrewDog Australia

By Georgi Gyton, MCA deputy editor

Tilray Brands has completed the acquisition of BrewDog’s Australian business, BrewDog Brewing Australia Pty Ltd.

Trump & TNUoS drive up energy costs

UTILITY UPDATE WITH NATIONWIDE ENERGY

Trump & TNUoS drive up energy costs

By Nationwide Energy

The commodity costs of energy are rising sharply due to the US-Israeli military action against Iran.

Guinness sales soar as revenue falls at Diageo

Guinness sales soar as revenue falls at Diageo

By Rebecca Weller

Diageo has reported a 2.9% uptick in UK sales, driven by double-digit growth in Guinness and strong performance from spirits, including ready-to-drink (RTD) products.