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Reeves Signals Support for Hospitality as Industry Presses for Further VAT Reform

Chancellor Rachel Reeves has sought to reassure hospitality operators that the sector remains central to the Government’s economic growth agenda, telling industry leaders that she believes the industry’s future prospects are positive despite ongoing challenges.

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Prime Minister Stops Short of Backing Hospitality VAT Reduction Campaign

Prime Minister Sir Keir Starmer has declined to endorse calls for a permanent reduction in VAT for the hospitality sector, despite growing industry support for a campaign seeking lower tax rates for pubs, restaurants and other hospitality businesses.

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Hospitality and Leisure Sector Boosts Investment in the Experience Economy Despite Rising Costs

Barclays’ new Hospitality & Leisure (H&L) report reveals that businesses are continuing to invest and expand, particularly in providing experience-led offerings, even as rising costs and geopolitical uncertainty impacts confidence and consumer spending.

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Spending Falls -0.1 Per Cent In April After 16 Months Of Growth, But Consumers Show Resilience Amid Ongoing Uncertainty

Consumer card spending declined -0.1 per cent year-on-year in April – the first fall since November 2024 (-0.5 per cent) and below the latest CPIH…

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