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BusinessHospitalityNews

Bank Of England Cuts Interest Rates To 4.75%

November 8, 2024 Business,  Finance,  Hospitality,  News

The Bank of England reduced the base rate from 5% to 4.75% following a 0.25 percentage-point cut in August, which was the first drop in…

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Business NewsProducts & ServicesProfessional Comment

Pushing the Envelope – Why It Pays To Have a Holistic View of Card Payments

May 31, 2024 Business,  Business News,  Finance,  Hospitality,  Products and Services,  Professional Comment,  Professional Services

In a world where businesses are increasingly facing pressure on resources and margins, having the right payment systems partner becomes crucial. Payment services are one…

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HospitalityNews

UK Consumer Confidence Hits a New Record Low of -44 in August

August 19, 2022 Finance,  Hospitality,  News

UK consumer confidence has hit a record low after inflation hit double digits (10.1%) for the first time since 1982. GfK’s Consumer Confidence Index showed…

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HospitalityNewsRestaurants

Domino’s Failure to Step into the Italian Market Exposes Gap in its Localization Strategy, says GlobalData

August 19, 2022 Finance,  Hospitality,  News,  Restaurants

Affordability was also a driving factor in consumer decision making, not just product quality. GlobalData’s survey also revealed that over half (55%)* of Italian consumers are extremely or somewhat concerned about their financial situation due to COVID-19.

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BusinessProfessional Comment

Managing Cash Flow Issues In Your Business

May 23, 2022 Business,  Finance,  Professional Comment

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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News

Licensed Trade Charity Announces Over 120k People Helped Since the Start of Covid

January 24, 2022 Business,  Finance,  News

After a challenging trading period through December and Christmas for the licensed drinks sector the Licensed Trade Charity has announced it has helped over 120k people

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News

Company Insolvencies Increase as Tough Year Ahead Forecast

January 20, 2022 Business,  Finance,  News

Insolvency figures released for December 2021* by the Government’s Insolvency Service showed a 20% increase in corporate insolvencies compared to the same month

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HighlightsNews

Making Tax Digital for VAT is Coming – Are You Ready?

January 7, 2022 Business,  Finance,  News

Businesses are reminded to take steps to prepare for Making Tax Digital for Value Added Tax (VAT) before it becomes mandatory for all VAT-registered

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BusinessNews

Omicron Cash Grants in England Available from Today

January 7, 2022 Business,  Finance,  News

Businesses in England most impacted by the Omicron variant will be able to tap into a multimillion-pound support package in the coming weeks

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News

Retailers Urged to Accept Cash Payments that Match New £100 Contactless Limit in Cash Fight Back

November 30, 2021 Finance,  News

A “cash fight back” has stepped up a level with retailers being urged to accept cash payments to at least to the same level as the new £100 contactless limit. The call comes from consumer champions

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Picture by Harriet Pavey/ No 10 Downing Street Picture by Harriet Pavey/ No 10 Downing Street
News

Why the Budget is Pivotal for the Hospitality Industry

October 27, 2021 Budget,  Business,  Finance,  News

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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BusinessNews

CBI Warns Government Budget Must Tackle a Fundamental Inconsistency in its Economic Strategy

October 26, 2021 Business,  Finance,  News

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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BusinessHospitalityNews

Over 200 Hospitality CEOs Sign Letter urging the Chancellor to Permanently keep 12.5% VAT

October 25, 2021 Business,  Finance,  Hospitality,  News

Leading industry figures add their support to UKHospitality’s #VATsEnough campaign

Chief executives of the UK’s best loved pubs, bars, restaurants, cafés, hotels

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BusinessNews

Why Skating Over Business Rates in Budget 2021 Will be a Mistake

October 25, 2021 Business,  Finance,  News

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

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BusinessNews

September’s CPI Rate Signals Business Rates Rises Of £1 BILLION In England Next April

October 20, 2021 Business,  Finance,  News

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

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