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Oliver Barnes

Leisure Industries Correspondent

Oliver Barnes is the FT’s leisure industries correspondent based in London. He covers hospitality, gambling, tourism, tobacco and cannabis companies. Oliver previously covered health and science for the FT. He was awarded a journalism prize by the Royal Statistical Society for his coverage of the pandemic.

Before joining the FT, he worked for BBC News, writing articles for Reality Check, the fact-checking arm of the BBC, and reporting for radio outlets including Radio 4 and the World Service.

Email Oliver Barnes @mroliverbarnes  on Twitter (link opens in a new browser window)
Email Oliver Barnes @mroliverbarnes  on Twitter (link opens in a new browser window)

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  • Tuesday, 6 December, 2022
    Marston's PLC
    Marston’s pubs enjoy World Cup boost

    Drink sales during England games up 50% on last year

  • Tuesday, 29 November, 2022
    UK politics & policy
    English cities move towards ‘hotel tax’ to plug hole in state funding

    Liverpool to introduce voluntary levy in the new year, with Leeds and Manchester considering similar plans

  • Tuesday, 29 November, 2022
    888 Holdings PLC
    Gambling company 888 to slash £1.6bn debt to quell investor fears

    Online betting group borrowed heavily to buy assets from William Hill

  • Sunday, 27 November, 2022
    Tobacco
    Brussels to propose rise in cigarette taxes and first EU-wide vaping levy

    Bloc’s push to cut smoking rates would increase minimum excise duty from €1.80 to €3.60 per pack of 20

  • Thursday, 24 November, 2022
    Airlines
    Jet2 back in profit despite summer disruption

    Low-cost airline paid £50mn compensation to delayed customers

  • Tuesday, 22 November, 2022
    The National Lottery
    UK lottery regulator rebuked over ‘poorly managed’ licence process

    MPs urge Gambling Commission to fix flaws after Czech operator Allwyn takes over contract

  • Monday, 21 November, 2022
    Compass Group PLC
    Sales at world’s biggest catering group pass pre-pandemic levels

    Compass is benefitting from outsourcing but rising costs cut into profit margins

  • Saturday, 19 November, 2022
    Travel & leisure industry
    UK National Lottery winner Allwyn buys rival Camelot

    Czech company won contract to take over running of lottery earlier this year and merger will end legal wrangle

  • Saturday, 19 November, 2022
    InterviewBrewdog Plc
    ‘I want to be doing this when I’m 80’ — BrewDog chief James Watt

    Entrepreneur lays groundwork for US domination after tumultuous period for craft brewer

  • Wednesday, 16 November, 2022
    Soho House Ltd
    Soho House boss Nick Jones to step down after 27 years

    Private members’ club chief will remain on board after cancer battle

  • Tuesday, 15 November, 2022
    Imperial Brands
    Imperial Brands takes £400mn-plus hit to profits as it pulls out of Russia

    It is only major tobacco company to exit country after invasion of Ukraine

  • Friday, 11 November, 2022
    Travel & leisure industry
    British pubs fear the World Cup won’t provide a much-needed boost

    First winter tournament may provide less respite to the struggling sector as weather and cost of living crisis keep fans at home

  • Thursday, 10 November, 2022
    Juul Labs
    Juul secures cash bailout and cuts jobs in move to stave off bankruptcy

    Vaping company to let go of a third of workforce as it battles falling sales and regulatory woes

  • Wednesday, 9 November, 2022
    Gambling industry
    Gambling giants the losers after California rejects sports betting

    Industry hopes to overturn referendum outcome in biggest US market in 2024

  • Sunday, 6 November, 2022
    Philip Morris International Inc
    Philip Morris wins Elliott’s backing for $15.7bn Swedish Match takeover

    Activist hedge fund stands to make about $150mn in profit from deal

  • Saturday, 5 November, 2022
    Gambling industry
    New York legal ruling ends Fox’s battle with Flutter over FanDuel price

    Arbitrator says Murdoch-owned media group must pay at least $3.7bn if it wants minority stake in betting company

  • Friday, 28 October, 2022
    Philip Morris International Inc
    Elliott Management raises stake in takeover target Swedish Match

    Hedge fund now has power to decide outcome of Philip Morris International’s $16bn offer for smokeless tobacco specialist

  • Thursday, 27 October, 2022
    Altria Group Inc
    Altria teams up with Japan Tobacco to sell smoke-free products

    Latest effort in heated tobacco follows Marlboro maker’s failure in e-cigarettes

  • Tuesday, 25 October, 2022
    Whitbread PLC
    Whitbread warns of £60mn costs increase as inflation surges

    Profit margins expected to narrow in second half of year

  • Monday, 24 October, 2022
    UK business & economy
    UK businesses urge Rishi Sunak to end ‘period of turbulence’

    New PM faced with increasing inflation, rising energy bills and an estimated £40bn hole in public finances

  • Saturday, 22 October, 2022
    Travel & leisure industry
    Cinema recovery riding on slate of winter blockbusters

    Box office takings are further off pre-pandemic levels than originally hoped

  • Saturday, 22 October, 2022
    Airlines
    Transatlantic travel soars as Americans make most of strong dollar

    Virgin boss says UK holidays are ‘on sale’ for US tourists 

  • Friday, 21 October, 2022
    InterContinental Hotels Group PLC
    US business travel revenue back at pre-pandemic levels, says IHG

    Holiday Inn hotel owner reports US revpar up 6.2% and leisure travel earnings up 13%

  • Thursday, 20 October, 2022
    Philip Morris International Inc
    Philip Morris raises Swedish Match offer to $15.7bn

    Cigarette maker bows to pressure from activist funds that have built stakes in smokeless tobacco specialist

  • Wednesday, 19 October, 2022
    Carnival Corp
    Carnival borrows $2bn as investors clamour for cruise ship-backed bond

    Miami-based operator ‘gets creative’ with collateral on 10.75% yield bonds

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