High Street Rental Auctions Can Drive Investment And Regeneration
New powers will be introduced which will see communities combat empty shops regenerating high streets and will be in force by the summer, the government…
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Retail
Labour Launches Plan To “Revitalise” High Streets
Keir Starmer has declared that British businesses have been “held back by 13 years of Tory economic failure” after Labour launched its five-point plan to…
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Hospitality Inflation Falling-But Still More Than Double The Rate In Retail
Food price inflation in hospitality remains more than double the rate seen in the retail sector despite steady easing over the last 12 months, the…
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Biggest Tax Rise In 33 Years For 220,000 Firms Came Into Force on 1st April 2024
219,410 shops, pubs, restaurants, offices, factories as well as public sector buildings such as schools and hospitals will today see their business rates bills in…
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Card Spending Grew just 4.1% in 2023 with Pubs & Bars Enjoy Strong Sales
Consumer card spending increased just 4.1 per cent year-on-year in 2023 – noticeably lower than the growth seen in 2022 (10.6 per cent) – as…
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Proactive Recruitment Solutions Needed To Address Skills Shortages
With the UK still facing significant skills shortages, particularly in sectors such as hospitality, specialist workforce acquisition and management firm, Comensura, has urged employers across…
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UKHospitality Responds To National Living Wage Increase
The Government has announced that the National Living Wage (NLW) will increase to £11.44 in April next year, rising from its current level of £10.42….
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New Research Highlights the Impact the Cost-of-Living Crisis is Having on Businesses
A new UK report by bakery products manufacturer, Baker & Baker shows the significant impact the cost-of-living crisis is having on businesses such as bakeries,…
Read more...Rates Rise Threatens Future Of Town And City Centres
A coalition of leading hospitality, retail and leisure organisations have written to the Chancellor urging him to freeze the business rates multiplier and extend existing…
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Uptick In Company Insolvencies Driven By Leisure, Hospitality And Retail Sectors, Says RSM UK
Figures from the Insolvency Service show higher insolvencies in the 12 months ending Q3 2023 have been driven by increases in consumer facing industries such…
Read more...New Calls For Chancellor To Freeze Business Rates
Chancellor Jeremy Hunt has once again been urged to freeze business rates again, following warnings that a multi-billion hike in bills could leave many small…
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Quarter Finals’ Retail And Hospitality Spending Set To Reach £145m
1.9m consumers are set to visit hospitality venues, boosting sales by £28.8m Hospitality venues are predicted to make £16.1m from drink sales alone Retail and…
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Ofgem Challenged To Take Action On Hidden Energy Costs
Leading associations from sectors including hospitality, retail and social care have signed an open letter organised by not-for-profit energy consultancy Box Power CIC challenging the…
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Budget 2023 – The Government Still Needs to Fulfil its Manifesto: And Aid the Retail and Hospitality Sectors by Cutting Business Rates and Introducing Fundamental Reform
“The Chancellor must not miss the opportunity in Budget 2023 for fundamental business rates reform” says John Webber Head of Business Rates at Colliers. Whilst…
Read more...Retail and Hospitality Spend Set to Reach £281m During World Cup 2022 Quarter-Final Stage
The 2022 World Cup Quarter-Final stage is predicted to bring in a combined £281 million for retail and hospitality venues across the nation, according to…
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