Almost Half of Night-Time Businesses “Barely Breaking Even”
Just about half (48%) of night-time businesses are ‘barely breaking even’, with a further 20.2% losing money, according to a survey by the Night-Time Industries…
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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.
Action Needed as Hundreds of Pubs Have Failed to Re-Open, CAMRA Figures Show
CAMRA, the Campaign for Real Ale, has released its pub closure statistics for 2021 and is calling for intervention from government to protect the great…
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Lovely Jubilee: Hospitality Welcomes a Royal Boost as Revenues Predicted to Rise
Three fifths (60 per cent) of small and medium-sized businesses (SMEs) in particular businesses in the hospitality sector in the UK are expecting to see…
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Sector Responds to Chancellor’s Cost of Living Announcement
The government has been urged to act swiftly to help businesses experiencing “acutely painful “ trading times following the Chancellor’s statement yesterday (May 26 ,…
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Chancellor Must Do More to Support Struggling Businesses, says Scottish Licensed Trade Association
Yesterday’s (May 26) announcement by UK Chancellor Rishi Sunak outlining measures to address the rising cost of living is good news for struggling families but…
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Cash Flow Pressures Drives Over 100% Rise in Insolvencies
Insolvency figures released for April 2022* by the Government’s Insolvency Service showed corporate insolvencies more than doubled compared to the same month last year (1,991…
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Managing Cash Flow Issues In Your Business
By Gary Hemming CeMAP CeFA CeRGI CSP of ABC Finance Ltd (www.abcfinance.co.uk) As we move toward the end of the pandemic and into a cost…
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Top Ten Business Insolvency Prevention Tips
Dealing with financial distress is often very challenging. The impact can be minimised if early planning and advice is sought. Simon Underwood, Business Recovery Partner…
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How The Industry Can Cater For New Types of Travellers In 2022
By Giles Fuchs, owner of Burgh Island Hotel (www.burghisland.com) Hospitality businesses are beginning to welcome the spring and summer months that usually yield robust revenues,…
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The Queen’s Speech- Disappointing for Business Rates
“This week’s Queens’s Speech was disappointing in the least -particularly in terms of what was announced concerning business rates.” says John Webber, Head of Business…
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Bank of England Raises Rates with One in Seven Micro Businesses Still Not Fully Trading
The Bank of England has raised interest rates to their highest level in 13 years as it looks to tackle the cost of living crisis…
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Thousands of UK firms expected to unite against Visa and Mastercard to contest excessive corporate card payment fees
A class action lawsuit against Visa and Mastercard on behalf of a large number of claimants will be launched imminently. Harcus Parker, a UK commercial…
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Greene King Pub Partners Launches Interactive Toolkit to Help Licensees Grow their Businesses
Greene King Pub Partners has launched a new interactive toolkit to help its licensees grow their businesses. Called ‘Pub Power’, the digital interactive toolkit has…
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Online Sales Tax Early-Stage Consultation
The UK government has published an early-stage consultation to explore the arguments for and against an Online Sales Tax (OST). It follows concerns reported by businesses of a potential tax imbalance between in-store retailers and online.
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NTIA Invites the PM & Cabinet on “Freedom Day” to Visit Night Time Economy Businesses
The Night Time Industries Association (NTIA) has invited Prime Minister, Boris Johnson, to visit sector businesses battling to survive. It comes after that all remaining…
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