With 16,454 pubs in tier 3 forced to close, and trading conditions in tier 2 causing 13,920 to do the same, the pub landscape in England is changing before our eyes. The British Beer & Pub Association has today revealed that tighter tier two and tier three restrictions being placed on almost every English region as announced today will have a devastating impact on over … [Read more...]
Today’s restrictions wipe out £7.8 Billion of Christmas trade for tier 2 and 3 hospitality businesses
Under the new tier system announced today, 98% of the UK’s hospitality trade will now take place in tier 2 and 3 regions, according to UKHospitality. Should the restrictions last the entire month of December, an estimated £7.8 billion worth of trading is set to be wiped out, compared to 2019. Tier Venues Jobs affected Proportion of hospitality … [Read more...]
As tier allocations announced today, hospitality tears undoubtedly will follow
Matt Hancock is later this morning due to announce the tiers that will be applied to regions across England. For hospitality people the tier they will operate from in the run up to Christmas and immediately beyond it is vital. For many a tier allocation could literally, or for all intents and purposes close their place of work. Most of England is expected to be placed in the … [Read more...]
Mitchells & Butlers cut 1,300 jobs after £300 million reversal in results
Mitchells & Butlers is the latest pub group to announce major redundancies as circa 1,300 people have lost their job following a pre-tax loss of £123 million for the year to 26 September. The loss when compared to a profit of £177 million for the same period last year, shows a £300 million reversal in results. Pub brands in the Mitchells & Butlers portfolio includes … [Read more...]
Supporting hospitality jobs can stifle unemployment and drive recovery
Reacting to today’s Comprehensive Spending Review, UKHospitality has reiterated that hospitality jobs can catalyse the UK’s economic recovery, and avoid predicted unemployment growth, but only if it is supported to navigate a harsh winter. Commenting on the announcement, UKHospitality Chief Executive Kate Nicholls said: “Hospitality jobs are at the core of the grave … [Read more...]
Daily Mail Editor leaks regional ‘Tier’ allocation news ahead of Government announcement
The Government’s recent strategy to leak information prior to official announcements seems to be continuing today. Jason Groves, Political Editor of the Daily Mail earlier today tweeted: “Ministers keen to get the morale-boosting Xmas plan out tonight ahead of more Covid gloom this week. One Whitehall source tells me it's 'entirely possible there will be no-one in Tier One' … [Read more...]
Sodexo introduce new approach to people-centred workplaces
Sodexo’s Vital Spaces has brought together the company’s diverse expertise to provide employers with a new approach to help them transform their workplaces through a connected, people-centric approach. The workplace of today is not just about the physical boundaries of an office, but also the employee experience wherever and whenever teams are working. Recent research from … [Read more...]
Chancellor’s spending review warns the economic emergency has only just begun
Chancellor of the Exchequer Rishi Sunak opened his spending review in parliament earlier this afternoon telling MPs “the health emergency is not yet over" and somewhat alarmingly that the economic emergency had "only just begun". He swiftly followed saying that his immediate priorities will continue to be in protecting jobs, as well has helping businesses and supporting public … [Read more...]
Biden turns up the heat on cost of a no deal Brexit to the UK
As Donald Trump seems to be finally grasping some semblance of reality and preparing to exit The White House, President elect Joe Biden is busy making clear the potential cost to the UK of a no deal Brexit. No trade deal with the US. The red lines for Biden are in any changes to UK border policy that would impact Ireland and threaten the 1998 Good Friday peace … [Read more...]
Gordon Ramsay opening new £80 Burger restaurant in Harrods next week
Gordon Ramsay has announced he will be selling £80 burgers in his new restaurant in West London’s Harrods opening next week. From early indications on Instagram diners are eager to consume them. Ramsay’s Wagyu burgers, set within a bun also containing fresh black truffle, Pecorino cheese and cep mayonnaise start at £80, if you want chips that’s extra. For diners that do not … [Read more...]
Online fine wine auction sets 46 new world records
The Christie’s Wine & Spirits Department online sale Fine & Rare Wines and Spirits Including Historic Madeira Direct from the Island (10-24 November) totaled $1,859,188 with 97% sold by lot, 100% sold by value, and 128% hammer above low estimate. There was global participation with registered bidders from 19 countries and 27% first-time buyers. Throughout the … [Read more...]
UK nations unite on Christmas policy to alienate hospitality
After fragmenting throughout the entire Covid-19 pandemic to date, all four nations that make up the UK have now agreed a common Christmas policy. Three households can meet and mix through the five days of 23-27 December, and travel between nations will also be open throughout the period. Somewhat in keeping with recent Government policy however, hospitality has … [Read more...]
New tiers, and delayed boundaries, delivers hospitality’s mission impossible
Following yesterday’s announcement of a new ‘toughened’ 3 tier system, but no knowledge of what tier will apply where, challenges businesses wanting to try and operate within these changes. Please forgive the understatement. The question now is, have things already gone too far, has the point of no return been reached. For all too many the answer is yes, in balance sheet … [Read more...]
New tier system places hospitality closer to the edge of the abyss
The new three tier system of Covid-19 measures announced today by the prime minister, quashed any hopes of a Christmas for hospitality. Having borne the economic brunt of lockdown to date, for any remaining optimists in hospitality hoping for a ray of light, it was promptly extinguished. Announcing the government’s Covid-19 Winter Plan to parliament, the prime minister said … [Read more...]
