Sector Leaders Respond to Chancellors “Disappointing” Budget
Sector leaders have expressed disappointment at Chancellor Rachel Reeves budget which they say will result in a 140% Tax Rise For 250,000 High Street Firms…
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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.
Hospitality Business Rate Relief Extended But NI Contributions Rise
The Chancellor announced she will continue the business rates relief from April 2025 for hospitality venues, but at a lower rate of 40% instead of…
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Budget Support For Small Businesses Crucial For Jobs, Growth And Communities
As the Chancellor, Rachel Reeves, prepares to deliver her first Budget, Policy Chair of the Federation of Small Businesses (FSB), Tina McKenzie, said: “The Chancellor…
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Modest Start To Autumn For Hospitality As Groups’ Sales Rise 1.7% In September
Britain’s leading hospitality groups recorded year-on-year sales growth of 1.7% in September, the latest edition of the CGA RSM Hospitality Business Tracker reveals. It means…
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Half Of Pubs And Hospitality Businesses Would Cut Jobs And Cancel Investment, If Business Rates Relief Ends
A snap survey of pubs, brewers and hospitality businesses shows that both jobs and investment plans would be at risk if bills quadrupled when relief…
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Pubs Sales Fall but “Anticipation Grows” for Festive Season
The hope of an Indian Summer sadly never came to fruition and, as a result, the 4 weeks to end September brought disappointing results for…
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Chancellor Urged To Cancel April Business Rates Increases And Bring In Business Rates Reform.
“The Chancellor must cancel the business rates rises due next April when she announces her Autumn Budget next week, if she is truly serious about…
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UKHospitality Appointed Sole Business Voice To The Covid-19 Inquiry
UKHospitality has been appointed a Core Participant in the Covid-19 Public Inquiry in London as the preliminary hearing into the economic response to the pandemic…
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Christmas Hospitality Spend To Rise 2.3% Joy To £12.3bn
This year UK consumers are forecast to spend £12.3bn at hospitality venues over the six-week festive period as they celebrate with friends, family, and colleagues….
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170 Hospitality Bosses Call For Business Rates Action At The Budget
In an open letter to the Chancellor, the CEOs of Britain’s most well-known and biggest pub groups – Fuller’s, Greene King, JD Wetherspoons, Stonegate Group…
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Seven Out Of Ten Night-Time Businesses Face Collapse Without Urgent Business Rates Relief Extension
The Night Time Industries Association (NTIA) is sounding the alarm as the sector faces an unprecedented crisis, with 7 out of 10 businesses either barely…
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Chancellor Must Address Crisis Threatening Pubs & Small Brewers And Offer Support, Not Tax And Wage Rises
The Campaign for Pubs is calling on the Chancellor, Rachel Reeves, to understand the crisis facing pubs and many UK small breweries and ensure that…
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Shuttered Pub Numbers Surge, As High Business Costs Make Trading Impossible
New data on licensee turnover from the Campaign for Real Ale (CAMRA) highlights the need for systemic change in Autumn Budget Shocking figures released today…
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Registered Company Insolvencies Increase To 1,973, As Of September 2024
The number of registered company insolvencies across the UK has reached 1,973, reflecting an increase of 2% compared to August 2024. Oliver Collinge, Director at…
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300% Tax Rises For 250,000 High Street Firms Next April
Inflationary tax rises based upon September’s Consumer Prices Index (CPI) measure of inflation, the headline rate of inflation, coupled with the loss of the 75%…
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