Truss Plans £40bn Business Aid Package to “Freeze” Escalating Energy Costs
New Prime Minister Liz Truss is planning a freeze on energy bill prices this week as pressure mounts on the government to support beleaguered businesses,…
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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.
MPs to Debate Future of Small Breweries
MPs will today debate the future for small breweries as a tax system that defined the modern craft beer industry in the UK comes to…
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Chancellor Nadhim Zahawi Prepares Multibillion-Pound Business Tax Cuts as Energy Crisis Deepens
Chancellor Nadhim Zahawi is preparing a multibillion-pound package of tax cuts to help businesses struggling with increasingenergy costs. The Chancellor is said to bedrawing up…
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Soaring Energy Costs are Hard for Hospitality to ‘Bear’, MP Told
Vale of Glamorgan MP Alun Cairns tried his hand at three hotel jobs during a fact-finding visit to The Bear Hotel, and learned of the…
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Energy Costs More Expensive than Rent and Rates Combined says NTIA
Businesses have seen energy costs spiral out of control, with many seeing these costs having a greater financial impact than rent and business rates combined….
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SMEs are Hoping for a Just-in-Time Business Support Package
Small and medium-sized businesses should be proactive about finding novel ways to reduce energy consumption through the winter months and avoid relying on a Government-backed…
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UK Foodservice Profit Sector Sales Will Surge by 14.9%, Driven by Easing COVID-19 Restrictions, says GlobalData
The UK Government’s strong macroeconomic policies and grants to help businesses, which were severely impacted by COVID-19, will help the country’s foodservice profit sector to…
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Just Half of Britain’s 10 Biggest Cities in Growth, as Sales Momentum Slows
Out-of-home food and drink sales are in growth in just half of Britain’s ten biggest city centres, new research from CGA and Wireless Social shows,…
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Pubs will Fail in Months Without Urgent Government Support for Crushing Energy Costs
The British Institute of Innkeeping (BII) has today revealed the results of a flash survey of members on the devastating impact of the rise in…
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Hospitality ‘On the Brink’ says Sector Leaders
Escalating energy costs are pushing hospitality businesses ‘to the brink’ with some operators already facing up to a 500% increase in energy prices. Operators are…
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Pubco’s Warn of Mass Closures as Energy Bills Surge 300%
Pub and brewing company owners have sent out a stark warning of mass closures within months due to rapidly increasing energy bills. Bosses of six…
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Hospitality Businesses Need Urgent Help Amid Soaring Energy Costs, Warns SLTA
With rising energy and utilities bills and the cost-of-living crisis pushing businesses to the brink, the SLTA (Scottish Licensed Trade Association) is calling for urgent help from the Government given today’s energy price cap announcement by Ofgem.
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Drinks Sales Cool After Summer Surge
On Premise drinks sales dropped back below pre-COVID-19 levels last week after a short boost from the summer heatwave.
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Brakspear “Bounces Back” as Turnover Increases by 38%
T Davies & Sons the parent company of Henley-based pub operator Brakspear has bounced back positively from a second year of Covid-19 related disruption across their business.
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VAT Energy Cut is Needed Now, Small Businesses Urge
Business organizations have called for the introduction of Covid-style emergency grants and a cut in VAT as part of a package of measures to help firms survive spiralling energy costs.
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