Pubs in desperate need of access to finance now, says BBPA
The British Beer & Pub Association (BBPA) is urging faster delivery of Government-backed loans and grants, as new research reveals pubs and brewers aren’t getting the help they have been promised. 75% of pubs and brewery businesses are still desperately waiting a decision on whether they will receive the much-needed Government-backed loan they have applied …
Significant shift in alcohol channels to change bars for years to come, says GlobalData
Data analytics and consulting company GlobalData has released new figures, unveiling the impact of the Covid-19 pandemic on the UK drinks market. As the UK lockdown continues into its fifth week, and both the start and end-dates of the quarantine seem to get further away, the effects on the on-trade is having to be continually …
NDML and the NTIA call on Rishi Sunak to ‘break insurer deadlock’
Insurance specialist NDML and the Night Time Industries Association (NTIA) are calling on Chancellor Rishi Sunak to release PoolRe funds to “break the insurer deadlock and save the hospitality and leisure industries”. NDML claims to have identified a unique opportunity that will help the hospitality and leisure industries survive, without crippling insurers with unmanageable business …
Debt moratorium top demand for hospitality, according to CGA
Confidence is at rock bottom among the bosses of Britain’s pubs, bars and restaurants, with securing a moratorium on debt payments now their main business objective, latest research shows. With cashflow concerns topping their agendas, rent has become the number one specific issue, the latest CGA Business Confidence Survey confirms. Although immediate survival is the …
Glengoyne releases custom jigsaw puzzle for whisky fans
Glengoyne Highland Single Malt Scotch Whisky has created a limited edition jigsaw puzzle, to be enjoyed as the perfect companion while savouring a good dram. The 500-piece puzzle features a special painting by celebrated Scottish artist John Lowrie Morrison (aka Jolomo), entitled ‘Spring Blossoms at Glengoyne Distillery’. Offering people a chance to unplug from technology …
The Drinks Trust raises over £1 million to support the industry
Following a request for support through the ‘Your Round, Help Your Trade’ campaign, The Drinks Trust has raised just over £1 million to support individuals of the drinks industry, many of whom have been affected by Covid-19. This amount has been made up of over £650,000 in generous donations and fundraising initiatives and a further …
New hospitality tracker sees first quarter sales drop 21.3%
The UK hospitality sector saw sales decline 21.3% in the first quarter of 2020, as the country moved into Covid-19 lockdown, from the newly launched UKHospitality Quarterly Tracker reveal. Combining data from all sub-segments of hospitality, the comprehensive analysis, undertaken by trade body UKHospitality and insight and data provider CGA, shows the impact of the …
Hospitality Insurance Group Action (HIGA) forms
A new hospitality sector-wide action group has been established to hold insurance companies to account for policy pay-outs arising from lockdown and Covid-19-related losses. Hospitality Insurance Group Action (HIGA) is open to businesses that have been forced to close within the sector, including hotels, restaurants, bars, pubs, nightclubs and leisure businesses, if their insurance company …
Despite ‘Bounce Back Loans’, there are still huge gaps in support for pubs
The British Beer & Pub Association (BBPA) has said that Chancellor Rishi Sunak’s ‘Bounce Back Loans’ programme will only help a minority of pubs, with far more being left with no support at all from the Government. The ‘Bounce Back Loans’ will be for businesses with a turnover of up to £200,000 and for up …
Aviation donates 30% of UK online sales to The Drinks Trust
Ryan Reynolds-owned Aviation American Gin has extended its #TipYourBartenders initiative to the UK, in an effort to support the nation’s bartenders affected by Covid-19. Running until May 31, the new initiative will see 30% of proceeds from all bottles of Aviation Gin sold online via its new UK distributor Proof Drinks, as well as The …
