Victor Garvey’s mad new MATER1A concept is a Willy Wonka-esque theatre of gastronomy February 18, 2026 MATER1A, 115 Westbourne Grove, W2 4UP | ★★★★★ | Cuisine: Japanese, fine dining, tasting menu A benefit of having written restaurant reviews for 15 years is that you begin to see the overarching warp and weft of the business, the trends that slowly emerge and dissipate, the way hospitality gradually evolves, holding up a mirror [...]
Third of young Brits brew business ideas at the pub February 18, 2026 A third of young Brits have come up with a business idea over a pint at their local boozer, new research has revealed. Brits are finding unlikely entrepreneurial inspiration in pubs as 18 per cent of all people in the UK have had a light-bulb business moment here, according to new polling by GoDaddy. This [...]
Hospitality crisis pushed thousands of firms to shut in 2025 February 17, 2026 Thousands of hospitality industries were forced to call time last year, as soaring operating costs took their toll. The owners of 3,353 accommodation, food and drink firms entered insolvency proceedings in the twelve months to December 2025, according to the Buchler Phillips hospitality index. These insolvencies spell out the impact of food inflation and climbing [...]
Brewdog faces hangover from ‘punk’ investment model February 17, 2026 Once offering a craft beer revolution to its “punk” investors, Brewdog’s likely sale has angered some of its thousands of small-scale shareholders and could see the brand’s elements be flogged off in segments. The UK’s largest independent brewer kickstarted the country’s craft beer obsession and challenged traditional financing models by offering cheap shares to consumers. [...]
Annabel’s profit trebles as Mayfair club defies hospitality gloom February 16, 2026 One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]
Brewdog calls time as advisers brought in to assess bidders February 14, 2026 Independent craft beer brewer, Brewdog, has called in advisers to oversee a sale that could trigger a break-up of one of Scotland’s well-known businesses. The board of Brewdog, which brands include Punk IPA and Elvis Juice, has appointed restructuring experts Alix Partners to attract interest from potential bidders, first reported by Sky News. Sources said [...]
Angela Rayner and Andy Burnham criticise pub tax raid February 12, 2026 Two prominent potential leadership challengers to Sir Keir Starmer have attacked the government’s tax regime for putting hospitality businesses, and particularly pubs, under serious pressure. Angela Rayner acknowledged that the hike to the minimum wage has put pressure on hospitality businesses, and said that the government needs to “start relieving” the sector. Starmer’s former deputy [...]
Landlords ‘underestimated’ scale of business rates overhaul February 11, 2026 The architect of Labour’s business rates overhaul has blamed the political backlash to the controversial policy on landlords and industry chiefs not fully understanding that a pandemic-related subsidy was coming to an end. Treasury minister Dan Tomlinson told MPs that business owners were taken off-guard by the scale of their tax rise because they weren’t [...]
Bar of the week: Why Three Sheets is a little slice of old Soho February 10, 2026 Three Sheets Soho | 13 Manette St, W1D 4AP This new column celebrates the great drinking holes of London, the pubs and bars that keep the capital lubricated despite the government’s best attempts to send them crashing out of business. Last week I profiled The rising Sun, the Victorian gin palace that claimed our Best [...]
Are we seeing the death of the corporate box in sports stadiums? February 10, 2026 The future landscape of sports stadiums is undergoing a radical revolution: clubs and architects alike are growing in confidence, wanting their arenas to be 365-day businesses that go far beyond the 90 minutes of enjoyment football offers. Look at the planned chimneys on Birmingham City’s master plan and the three towers on Manchester United’s 100,000-seat [...]