10,000 Pubs & Restaurants at Risk of Closure Says Hospitality Chief
An estimated10,000 pubs and restaurants are at risk of closure thanks to a ‘perfect storm’ of inflation, soaring energy costs and rising rents, according to…
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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.
Mayor to Create Night Time Enterprise Zones to Support London’s Recovery
The Mayor of London, Sadiq Khan, has today announced a new £500,000 programme to create Night Time Enterprise Zones in the capital to help support…
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Almost Half of Night-Time Businesses “Barely Breaking Even”
Just about half (48%) of night-time businesses are ‘barely breaking even’, with a further 20.2% losing money, according to a survey by the Night-Time Industries…
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Action Needed as Hundreds of Pubs Have Failed to Re-Open, CAMRA Figures Show
CAMRA, the Campaign for Real Ale, has released its pub closure statistics for 2021 and is calling for intervention from government to protect the great…
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Lovely Jubilee: Hospitality Welcomes a Royal Boost as Revenues Predicted to Rise
Three fifths (60 per cent) of small and medium-sized businesses (SMEs) in particular businesses in the hospitality sector in the UK are expecting to see…
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Sector Responds to Chancellor’s Cost of Living Announcement
The government has been urged to act swiftly to help businesses experiencing “acutely painful “ trading times following the Chancellor’s statement yesterday (May 26 ,…
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Cash Flow Pressures Drives Over 100% Rise in Insolvencies
Insolvency figures released for April 2022* by the Government’s Insolvency Service showed corporate insolvencies more than doubled compared to the same month last year (1,991…
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Managing Cash Flow Issues In Your Business
By Gary Hemming CeMAP CeFA CeRGI CSP of ABC Finance Ltd (www.abcfinance.co.uk) As we move toward the end of the pandemic and into a cost…
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How The Industry Can Cater For New Types of Travellers In 2022
By Giles Fuchs, owner of Burgh Island Hotel (www.burghisland.com) Hospitality businesses are beginning to welcome the spring and summer months that usually yield robust revenues,…
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Bank of England Raises Rates with One in Seven Micro Businesses Still Not Fully Trading
The Bank of England has raised interest rates to their highest level in 13 years as it looks to tackle the cost of living crisis…
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NTIA Invites the PM & Cabinet on “Freedom Day” to Visit Night Time Economy Businesses
The Night Time Industries Association (NTIA) has invited Prime Minister, Boris Johnson, to visit sector businesses battling to survive. It comes after that all remaining…
Read more...Prime Minister Sets Out Plan for Living with COVID
Sector leaders have responded to the government’s announcement that all Covid restrictions will end in England on Thursday and free mass testing will stop from…
Read more...Omicron Cash Grants in England Available from Today
Businesses in England most impacted by the Omicron variant will be able to tap into a multimillion-pound support package in the coming weeks
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CBI Warns Government Budget Must Tackle a Fundamental Inconsistency in its Economic Strategy
The CBI has warned the Government against new business tax rises in next week’s Budget (and Comprehensive Spending Review) or face dampening the economic
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Over 200 Hospitality CEOs Sign Letter urging the Chancellor to Permanently keep 12.5% VAT
Leading industry figures add their support to UKHospitality’s #VATsEnough campaign
Chief executives of the UK’s best loved pubs, bars, restaurants, cafés, hotels
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