Budget

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'I feel neglected by the government': Hospitality reacts to 'disappointing' Budget

06 March 2024 by

The hospitality industry has hit out at the government for its “disastrous” Budget that failed to offer support to thousands of struggling businesses.

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Budget 2024: key points for hospitality at a glance

06 March 2024 by

The hospitality industry has been left disappointed by this year’s Budget, which failed to deliver the hoped-for cut in VAT.

Conservative MP urges chancellor to ‘do the maths’ and halve VAT News

Conservative MP urges chancellor to ‘do the maths’ and halve VAT

17 March 2023 by

A Conservative MP has called on the chancellor to “do the maths” and reduce VAT on[...]

Lack of business energy support in Spring Budget leaves industry in ‘unsustainable predicament’ News

Lack of business energy support in Spring Budget leaves industry in ‘unsustainable predicament’

15 March 2023 by

Hospitality businesses have expressed their disappointment that the Spring Budget failed to recognise immediate concerns over[...]

Spring Budget 2023: Freeze in draught beer duty but no business energy support News

Spring Budget 2023: Freeze in draught beer duty but no business energy support

15 March 2023 by

The chancellor has announced a freeze on draught beer but failed to address the impact of[...]

Bottle of wine 'to increase by 44p' in Spring Budget News

Bottle of wine 'to increase by 44p' in Spring Budget

14 March 2023 by

The UK may experience the single biggest increase in wine prices in almost 50 years in[...]

Hospitality leaders' confidence rises but soaring costs threaten fragile businesses News

Hospitality leaders' confidence rises but soaring costs threaten fragile businesses

21 February 2023

Leaders of Britain’s top managed hospitality groups remain cautiously optimistic about the future despite spiralling costs, the 2023 Business Leaders’ Survey from CGA by NielsenIQ and Fourth has revealed.

Operators will be 'left facing collapse' after chancellor fails to deliver hospitality support News

Operators will be 'left facing collapse' after chancellor fails to deliver hospitality support

17 November 2022

Hospitality operators have accused the chancellor of failing to do "anything of any consequence" for independent businesses in today’s Autumn Statement with fears many be left "facing collapse".

Hospitality operators react to ‘bizarre’ mini budget that leaves the sector ‘in the cold’ News

Hospitality operators react to ‘bizarre’ mini budget that leaves the sector ‘in the cold’

23 September 2022 by

Hospitality businesses have expressed disappointment at the measures announced in Chancellor Kwasi Kwarteng’s mini budget, which[...]

The impact of the March budget and inflation on the hospitality and leisure sector Business

The impact of the March budget and inflation on the hospitality and leisure sector

27 May 2022 by

Considering the impact of the Budget in March along with the latest inflation statistics, what has[...]

Budget 2021: Chancellor announces hospitality business rates discount and alcohol duty reform News

Budget 2021: Chancellor announces hospitality business rates discount and alcohol duty reform

27 October 2021 by

Chancellor Rishi Sunak announced a business rates discount for the hospitality sector this afternoon as well[...]

Autumn Budget 2021: What to expect for hospitality News

Autumn Budget 2021: What to expect for hospitality

26 October 2021 by

Chancellor Rishi Sunak is due to deliver his combined Autumn Budget and Spending Review today at[...]

Budget: service support sector 'totally overlooked' Products

Budget: service support sector 'totally overlooked'

04 March 2021

Following the announcements made in chancellor Rishi Sunak’s Budget yesterday, hospitality trade associations the Foodservice Equipment Association (FEA) and Textile Services Association (TSA) have continued to call for more support.

Budget delivers ‘crucial support at a critical time’ – but long-term solutions lacking News

Budget delivers ‘crucial support at a critical time’ – but long-term solutions lacking

03 March 2021

The hospitality sector has broadly welcomed the chancellor’s Budget this afternoon, which delivered extensions to the VAT cut, business rates holiday and furlough scheme over the coming months, but lacked long-term solutions for problems such as rent.

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