TGI Fridays UK shuts 16 sites, 456 jobs lost
TGI Fridays UK has closed 16 restaurants after entering administration, resulting in 456 redundancies. A rescue deal saves 33 sites and 1,384 jobs. Read the full story.
Category : Search result: business rates hospitality
Guinness price hike confirmed for April
Diageo announces a 5.2% wholesale price increase for Guinness Draught from April 1, impacting pubs and drinkers. The move is blamed on rising business costs.
540 UK pubs at risk from Labour business rates change
Over 2,000 UK hospitality venues, including 540 pubs, could shut in 2026 due to Labour's business rates overhaul. Industry warns of a sector in crisis. Read the full analysis.
Major UK brewery group faces collapse for second time
Keystone Brewery Group, owner of Black Sheep and Fourpure beers, is on the brink of collapse again, threatening 190 jobs. Rising costs and falling demand hit the industry.
Premier Inn owner hit with £35m tax blow from Labour budget
Premier Inn owner Whitbread warns of a £35 million business rates hit from Labour's Autumn Budget, as UK Hospitality reports 574 hotels at risk of closure. Read the full analysis.
Nationwide warns of savings rate cuts from February 10
Nationwide Building Society announces reductions to numerous savings products from 10 February, following the Bank of England's December rate cut. Find out which accounts are affected.
Pub's three demands for survival ahead of budget
A Staffordshire pub outlines three key demands to save UK pubs from an 'unfair tax burden' as the government hints at a budget U-turn on business rates. Support your local.
High Street Businesses Demand Wider Business Rate Relief
UK high street businesses urge the government to expand business rate relief beyond pubs. Hotels, pharmacies, and retailers face crippling hikes of up to 140%. Read why sector leaders call for fundamental reform.
Barclays cuts mortgage rates in major Friday change
Barclays slashes purchase and remortgage rates from 9 January, joining HSBC and Halifax. Experts predict fierce lender competition in 2026. Read the latest.
Pubs face £150m rate hike, bosses demand urgent government action
Pub bosses warn of devastating closures as business rates threaten £150m blow. Industry leaders urge the government for a 'fast solution' after crisis talks. Read the full story.
Jamie Oliver's Italian Relaunch: First UK Site Revealed
Jamie Oliver confirms the first UK location for his Jamie's Italian relaunch in London's Leicester Square, set for February 2026, with plans for up to 40 new sites.
HSBC Confirms Major Mortgage Rate Cuts This Week
HSBC UK has announced a series of mortgage rate reductions impacting millions, with cuts of up to 0.18%. See the full list of new rates for remortgages, home movers, and first-time buyers.
Bristol Hotels Cautiously Optimistic for 2026
Bristol hoteliers express cautious optimism for 2026, citing major events and stable Q4 2025, while navigating challenges like the April living wage increase. Discover the sector's outlook.
Savers urged to review accounts as best rates drop
UK households are urged to check savings accounts this week as leading fixed rates fall. Experts advise shopping around for inflation-beating deals from building societies and digital banks.
Mums Turn £8 Side Hustle into £100k Kids' Clothes Business
Two Shropshire mums turned an £8 Tesco vest pack into a booming £100k-a-year children's clothing brand, Beck and Co, after struggling to find cool outfits for their son. Discover their inspiring journey.
HSBC cuts mortgage rates, brokers predict rate war
HSBC announces sweeping reductions to residential and buy-to-let mortgage rates from January 5, 2026. Brokers welcome the move, predicting a potential rate war and deals below 3.5%. Read the latest.
Birmingham Bar Chain Sets January 9 Sale Deadline
The Revel Collective, owner of Revolution and Revolucion de Cuba bars, sets a January 9 deadline for bids as it fights to avoid collapse. Read the latest on the Birmingham hospitality scene.
NatWest cuts interest rates for UK customers
NatWest informs customers of reduced savings interest rates, effective 19 January. The move follows the Bank of England's base rate decision. Learn what it means for your money.
High Street Insolvencies to Rise in 2026 as Pressures Intensify
Retail and hospitality businesses face a 'toxic cocktail' of rising costs from April 2026, with experts predicting a significant uptick in restructurings and insolvencies across the UK.
One UK pub closed permanently every day in 2025
New figures reveal 366 pubs in England and Wales were lost for good in 2025. Industry leaders warn of a 'drastic' situation and call for urgent government action to save community hubs.
Pub hikes prices 20% due to Labour budget rules
A Gloucestershire pub slams Chancellor Rachel Reeves's 'war on business' as new tax rules force a 20% price rise and staff cuts. Read the landlord's stark warning.
Mortgage Rates to Fall Below 3.5% in 2026
UK mortgage rates are predicted to tumble, with sub-3.5% deals on the horizon as lenders compete. First-time buyers and those remortgaging could see major savings. Read the full analysis.
King Charles' pub group slams 'damaging' Autumn Budget
Pub is the Hub, founded by King Charles, leads industry fury over Chancellor Rachel Reeves' Autumn Budget, warning of a tenfold business rates hike for community pubs. Read the full story.
Liverpool Hooters to shut down in January 2026
The Hooters restaurant on Liverpool's Water Street will close permanently on January 11, 2026. The director cites a tough year and plans for a new, more inclusive concept. Read more.
Wagamama to increase meal prices in 2026
Wagamama confirms it is considering selective price increases for 2026, citing rising staff and supply costs linked to government wage policy. Read the full details and customer reaction.
BCRS hits £2m lending milestone for Welsh SMEs
BCRS Business Loans has provided over £2m to 34 Welsh SMEs via the British Business Bank's Investment Fund for Wales, creating 104 jobs and safeguarding 189. Read more about the economic impact.
UK flight prices set to jump as airport taxes rocket
Passengers warned of rising ticket costs as regional airports face unprecedented business rates increases from 2026, with Manchester, Bristol and Birmingham among the hardest hit.
Mortgage shock for 4.5 million UK households
Nearly half of UK mortgage holders will see bills rise by £768 a year as fixed deals expire. The Bank of England warns of payment shocks despite recent rate cuts.
Four Birmingham pubs revived in 2025
Discover four Birmingham pubs brought back to life in 2025, from The Anchor to The Gunmakers Arms, offering hope amidst a challenging year for the hospitality sector.
North East's Best Companies 2025 Announced
Discover the standout North East businesses of 2025, from tech triumphs to green energy leaders, driving regional economic growth. Read the full list now.
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