Hospitality Loses £30bn Of Sales In The Second Quarter Of 2020
The UK’s hospitality sector saw sales plummet 87% in the second quarter of 2020, the latest UKHospitality Tracker collated by CGA reveals—equivalent to nearly £30bn in lost revenue.
All the latest news for pubs, bars, clubs, restaurants and hotels in the UK hospitality sector and licensed on-trade industry.
The UK’s hospitality sector saw sales plummet 87% in the second quarter of 2020, the latest UKHospitality Tracker collated by CGA reveals—equivalent to nearly £30bn in lost revenue.
The hospitality industry is missing out on a crucial post-lockdown renaissance as it limps back to life, analysis by income streaming provider Wagestream reveals today.
Read more...UKHospitality has welcomed the Government’s call for evidence for business rates reform.
The Government has today published a call for evidence for a fundamental review of business rates, something for which the trade body has consistently and vigorously pushed.
Read more...For the thousands of hospitality businesses that have been hit hard during lockdown, the latest offering from Glebe Farm Foods is likely to be a welcome relief.
Read more...Produced in Kent and Visit Kent have combined forces to bolster the hospitality industry in a campaign dubbed “Support Your Local”
Read more...New report from the sector’s leading research consultancy and trade body reveals the scale of COVID-19’s impact and what hospitality can do to reclaim sales
Read more...With many businesses in the Hospitality, Leisure and Entertainment sectors opening their doors for the first time since lockdown began, Barclaycard Payments
Read more...Celebrity Hospitality figures call upon the public to buy Invisible Chips to support those whose livelihoods are disappearing
Read more...A cross-party group of MEPs have written to the Executive Vice-President of the European Commission to highlight the need for urgent support of the hospitality sector.
Read more...The hospitality and on trade received a huge boost earlier this week with Chancellor Rishi Sunak’s announcement of the Government’s new Eat Out to Help Out scheme in his address to the House of Commons.
Read more...UKHospitality has welcomed the further reopening of parts of the hospitality sector, but also called on the Government to ensure that those businesses not able to reopen are afforded more clarity on future reopening.
Read more...Chancellor Rishi Sunak has announced that VAT is to be cut to 5% for the hospitality sector, along with an “eat out to help out” discount at restaurants in his summer economic update.
Read more...Around 120 industry leaders representing the best of the UK’s hospitality sector have written to the Prime Minister urging the Government to commit to an ambitious programme of business support
Read more...Spend in pubs and bars grew by almost 300 per cent over the 4th and 5th July weekend, compared to the previous weekend (27th and 28th June)
Read more...‘Super Saturday’ on 4th July saw footfall across the UK hospitality sector recover to just 21% of pre-Covid levels, up from 17% the previous Saturday.
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