Why the Budget is Pivotal for the Hospitality Industry
The Chancellor will later today announce the new Budget, unveiling the plans to move the country forward after the challenges thrown at us during the pandemic.
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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 industry.
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
Read more...Why Skating Over Business Rates in Budget 2021 Will be a Mistake
The Government must not just skate over business rates when it finally responds to the consultation on business rates reform in the Autumn Statement on Wednesday
Read more...September’s CPI Rate Signals Business Rates Rises Of £1 BILLION In England Next April
The Consumer Prices Index (CPI) measure of inflation for September, released by the Office for National Statistics this morning, determines business rate rises for the following financial
Read more...Business for Health and CBI Launch Business Framework for Health to Help Business
Business for Health (B4H) and the Confederation of British Industry (CBI) are launching Business Framework for Health: Supporting businesses and employers
Read more...Business Rate Reform ‘Shelved Until Later Date’ According To Reports
Business reform has been “shelved until a later date”, according to a report in The Telegraph today.
The Telegraph has reported that minimal
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Tax Rises Threaten Faltering Recovery, Say Small Businesses
Responding to the Chancellor Rishi Sunak’s speech, defending impending tax increases at Conservative Party Conference earlier this week, FSB National Chair Mike Cherry said:
Read more...Labour’s Pledge On Business Rates Just Grandstanding To Party Conference Says Colliers
Following the Shadow Chancellor, Rachel Reeve’s comments widely quoted today that Labour plans to “freeze business rates rise until the next revaluation”, expand small business reliefs
Read more...Business Investment Set To Be Left Behind
UK business investment is expected to decline this year despite the prospect of record economic growth, according to the British Chambers of Commerce (BCC) economic forecast.
Read more...Businesses Call For Employment Allowance Rise Amid “Anti-Small Business” Tax Hikes
Rises in National Insurance contributions and the dividend tax will be a hammer blow for small firms
Responding to a 1.25% increase in National Insurance Contributions (NICs) for employers, employees
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Business Rates System An “Indefensible” Disincentive To Invest, Says FSB
Small firms should not be penalised with a higher business rates bill for greening their premises or improving staff wellbeing with new amenities, while childcare providers should be granted rates relief
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New FSB Campaign Aims To Get Local Hospitality Moving Again
Local businesses will be celebrated through a new Federation of Small Businesses (FSB) social media campaign, #MyHiddenGems. It is set to run throughout the summer to help raise the profile
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One In Three Brits Have Encountered A Covid Charge When Paying For A Service
The British are known for being less than complimentary tippers, but with COVID-19 forcing many small businesses to close, it begs the question of whether the UK is now becoming more generous
Read more...The Government Should Reconsider Its Business Rates Strategy As Easing Of Restrictions Is Delayed
The delay in the easing of lockdown restrictions in England until 19 July due to rising coronavirus cases, should be accompanied by further government support measures, according to John Webber
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