Hotel Profits Fall as Costs Rise in UK and London
UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.
UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.
Legendary London bakery Dusty Knuckle is transforming young lives in Haringey through a pizza-making course. Discover how 11 teens gained skills and confidence for future careers.
JD Wetherspoon chairman Tim Martin has promised a breakfast price rise of no more than 20p next year, despite soaring sector costs. Discover the full impact of the Autumn Budget on UK hospitality.
Struggling Byron burger chain rescued from third collapse by Gen Z entrepreneur Akshat Tibrewala. £2.5m investment secures future with major rebrand targeting younger audiences. Read the full story.
New academic studies reveal Ireland's iconic pubs are vanishing, threatening community cohesion. Discover why this cultural cornerstone is disappearing and what it means for Irish society.
UK pubs and hospitality businesses face 'eye-watering' business rate hikes despite government promises, leading to viability fears. Discover the impact of the 2025 budget.
UK hospitality faces a devastating stealth tax as a promised 5p business rates cut hides massive bill increases. Pubs and restaurants warn of closures and price hikes.
Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.
US law firm Simpson Thacher announces significant London office expansion following aggressive hiring campaign. The firm continues its strategic growth in the UK legal market.
JP Morgan unveils a new £3bn Canary Wharf headquarters as Goldman Sachs expands in Birmingham, signalling a major vote of confidence in the UK economy. Discover the details.
Goldman Sachs announces major expansion of its Birmingham office, creating 500 new roles in the UK's second city. Discover how this investment boosts regional employment.
Chancellor Rachel Reeves announces lower business rates for retail and hospitality, funded by a new levy on large properties. Discover the full impact on UK high streets.
The UK's Autumn Budget offers little relief for the struggling hospitality sector, with no VAT cuts and a business rates reduction described as 'too little, too late'. Industry leaders fear widespread closures.
Chancellor Rachel Reeves announces permanently lower business rates for retail and hospitality, funded by higher levies on online giants' warehouses. Will it save the high street?
Hotel billionaire Surinder Arora pledges to recalibrate his Heathrow West proposal after government backs HAL's £49bn third runway plan. Will competition drive better value?
Residents in Harmondsworth and Longford face losing their homes to Heathrow's £33bn third runway. Ministers back the plan, leaving a community in limbo. Read their story.
American financial giant StoneX launches ambitious London expansion targeting mid-sized hedge funds with prime brokerage services. Discover how this move shakes up the City.
Central London Alliance warns proposed tourist tax could shutter businesses and damage London's competitiveness. Industry leaders demand rethink of economically harmful policy.
Chancellor Rachel Reeves gives English mayors power to impose a tourist tax on overnight stays, sparking hospitality industry backlash over cost of living concerns.
Marks & Spencer launches a new Foodhall in Fulham and unveils a 'wish list' of 172 London locations for future stores. Discover the full list of areas under consideration.
The UK government has selected Heathrow Airport Ltd's £33bn third runway scheme, aiming for a 2035 launch. The plan promises economic boosts but faces environmental scrutiny. Discover the details.
Marks & Spencer reveals plans for 200 new or revamped London food halls, aiming to transform its store estate by 2028. Discover the full list of locations set for expansion.
The government confirms Heathrow's third runway, set for 2035, will reroute the M25 and boost capacity by 276,000 flights annually. Discover the impact on transport and the economy.
The UK government has selected Heathrow Airport's £33 billion third runway plan, a major infrastructure project requiring M25 re-routing and village demolition. Read the full details.
The UK government has selected Heathrow Airport's £49bn third runway plan, rejecting a rival proposal. The project will be privately financed but requires M25 rerouting.
Soho House CEO Andrew Carnie reveals how wellness has replaced hedonism at the new Manchester club, featuring rooftop pools, IV drips, and a 2,500-strong waitlist.
The Co-op is opening 11 new stores across the UK this week as part of a major expansion plan. Discover the full list of locations and how this boosts local communities.
The UK government is set to approve Heathrow's controversial £49bn third runway, opting for the airport's ambitious proposal over a rival bid. The decision comes despite airline warnings over soaring costs.
Nando's has returned to profit for the first time since 2016 with £38.2m, but warns Rachel Reeves' tax hikes threaten future performance. Discover the full financial turnaround.
Clermont Hotel Group's CEO Gavin Taylor voices 'no confidence' in Chancellor Rachel Reeves, criticising high VAT and a saturated luxury hotel market in London ahead of the Budget.