Lawsuit Served Against Visa and Mastercard Contest Card Payment Fees
A significant class action lawsuit has been served against Visa and Mastercard at the UK’s specialist competition tribunal on behalf of a large number of…
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Business
All the latest business news for pubs, bars, clubs, restaurants and hotels in the UK hospitality sector and licensed on-trade.
Red Tape Cut for Thousands of Small Businesses
Thousands of the UK’s small businesses will be released from reporting requirements and other regulations in the future, as part of plans aimed at boosting…
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UKHospitality Calls on Government to Introduce Tourist Accommodation Registration Scheme
Trade body UKHospitality has urged the Government to introduce a check-based tourist accommodation scheme, to help create a level playing field for all accommodation providers….
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Independent Night Time Economy Businesses are Being Marginalised says NTIA
The Night Time Industries Association (NTIA) has accused the government of marginalising independent and night-time economy businesses. It said while trade associations battle for support…
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Today (September 30) is the Last Day for Paper Banknotes
The Bank of England will be withdrawing legal tender status of paper £20 and £50 banknotes after 30 September 2022. After this date businesses will…
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Hotel Rates and Occupancy Drop but Sector Gets Some ‘Breathing Space’ with Energy Price Cap
UK hotels saw a sharp decline in occupancy rates, daily rates, revenues per room and gross operating profits in August as the cost-of-living crisis continues…
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Hospitality Businesses Can be At the Heart of Economic Growth, but Further Support Critical to their Survival
Leaders of trade bodies representing pubs, brewers, bars, restaurants, hotels and consumers have written to the Chancellor following the mini-budget last week, highlighting the urgent…
Read more...Labour’s Pledge to Abolish Business Rates to Save the High Street
Rating Experts at Colliers Say Labour’s proposals remain “woolly” and that “reform not abolition” of the system is needed Although the Shadow Chancellor, Rachel Reeves…
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JD Wetherspoon Appoints CBRE and Savills to Sell 32 Pubs
Pub operator JD Wetherspoon has confirmed the appointment of CBRE and Savills to sell 32 of its pubs.
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Business Rates Up £5bn Next April
Commenting on today’s many budget and the governments inaction on business rates Robert Hayton, UK President at the real estate adviser Altus Group, said:
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Chancellor Announces Biggest Package of Tax Cuts in Generations
The Chancellor today (Friday 23 September) unveiled his Growth Plan to release the huge potential in the British economy by tackling high energy costs and inflation and delivering higher productivity and wages.
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Hospitality Fuels City Centre Vibrancy, But Cost Pressures Threaten Recovery
Pubs, bars and restaurants continue to drive the post-COVID-19 recovery of Britain’s top cities, research from CGA by NielsenIQ and Wireless Social shows—but with costs…
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National Insurance Rise to be Reversed from November, Chancellor Announces
Chancellor Kwasi Kwarteng has announced that April’s National Insurance increase, championed by former Prime Minister Boris Johnson is to be reversed from November.
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UK Interest Rate Increases by 0.5% – A 14-year High
The Bank of England (BoE) raised interest rates by 0.5 per cent in the biggest rise since 2008, as it forecast a 0.1 per cent drop in GDP over the current quarter, signalling that the UK is already in recession.
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Scots Hospitality Businesses Warn Energy Bill Relief Scheme ‘Goes No Way Near Enough’
The SLTA (Scottish Licensed Trade Association), while welcoming this week’s news that wholesale energy prices for businesses are to be capped, has warned that it “goes no way near enough and more needs to be done to help the struggling hospitality sector through the winter months”.
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