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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Business
All the latest business news for pubs, bars, clubs, restaurants and hotels in the UK hospitality sector and licensed on-trade industry.
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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Business Energy Bills to be Capped for 6 Months and Further Pub Support Pledged
Prime Minister Liz Truss has announced plans to cut the wholesale prices that are incorporated into business energy bills this winter, Bloomberg reported on Tuesday….
Read more...Hike in Energy Costs as Fuller’s Sales Recover from Pandemic
Pub group Fuller Smith & Turner PLC has said it anticipates a significant increase in its gas and electricity bill this year due to the global…
Read more...Urgent Clarity Needed on Energy to Save Hospitality Businesses and Jobs this Winter
Leaders of trade bodies representing pubs, brewers, bars, restaurants and hotels have written to the Chancellor ahead of the fiscal statement later this week warning…
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Surge in Hospitality Insolvencies as Energy Costs Rise
The has been a surge in the number of UK insolvencies over the past year, as the current cost of living crisis shows no signs…
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Businesses Count Down the Days as Imminent Collapse of the High Street May Become a Reality
Following rumours of an energy prize freeze delay, over 150,000 businesses from across the UK are urging Government to act on spiralling energy costs which…
Read more...Business Energy Support May Be Delayed Reports Say
Businesses have been warned that they will have to wait longer than households for financial support with their energy bills amid delays in launching the…
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CAMRA Joins Calls to Save National Brewery Centre from Closure
Responding to the announcement that Molson Coors is to close the National Brewery Centre in Burton upon Trent in October, CAMRA’s National Director for Real…
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