Visa's UK Consumer Spending Index signalled robust growth in household expenditure at the start of the fourth quarter. On an annual basis, spending rose +2.5%, up from +2.3% in September and the strongest rate of increase in six months. This contrasted with relatively muted expenditure growth over the summer which coincided with the Brexit vote. Spending increased through … [Read more...]
Marlborough Sauvignon – still seismic news
On the advent of the recent severe earthquake and, coincidentally, the new release of 2016 wines from New Zealand it is a good time to reflect on the continuing success of the New Zealand industry and in particular Marlborough Sauvignon Blanc and other New Zealand wines. Do they still warrant a place on a wine list? New Zealand produces less than 1%* of the world’s … [Read more...]
Gaucho Group Appoint New Financial & Commercial Director
Gaucho has confirmed the appointment of Frank Bandura as Financial and Commercial Director with responsibility for Gaucho and CAU. Bandura who was with the Carluccio’s Group for 17 years until September 2016, will join Gaucho Group on 6 February 2017. Commenting on his new appointment, Bandura says: “I am delighted to be joining the Gaucho Group. After steering … [Read more...]
Hotel Housekeepers Mad For Charity
Charitable house-keeping ladies from London’s Strand Palace Hotel have raised over £6,000 for charities this year, including donations to Guide Dogs for the Blind, City Farm and Great Ormond Street Hospital, by collecting throwaway items. Among their money-raising efforts, the house-keeping staff have collected used bars of soap, biscuit wrappers and coins left behind in … [Read more...]
Major multiple aquisition augments growth for North East Leisure Group
A leading North East Leisure group has announced the major acquisition of five hotels across the UK against a list price of £75 million – a move which is set to significantly expand the company’s reach across the UK. Newcastle-based hotel and bar operator Cairn Group has successfully acquired five properties in County Durham, Stirling, Harrogate, Cardiff and Brighton, … [Read more...]