Budget
'I feel neglected by the government': Hospitality reacts to 'disappointing' Budget
The hospitality industry has hit out at the government for its “disastrous” Budget that failed to offer support to thousands of struggling businesses.
Budget 2024: key points for hospitality at a glance
The hospitality industry has been left disappointed by this year’s Budget, which failed to deliver the hoped-for cut in VAT.
Trade bodies call on chancellor to link April rates to April inflation
MPs increase pressure on chancellor to support hospitality in Spring Budget
Hospitality bosses in call for action ahead of Spring Budget
Conservative MP urges chancellor to ‘do the maths’ and halve VAT
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’
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
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
The UK may experience the single biggest increase in wine prices in almost 50 years in[...]
UKHospitality: A third of businesses 'at risk of going under'
A third of hospitality businesses are at risk of failure in the next year despite sales exceeding pre-Covid levels, UKHospitality has warned."
Hospitality leaders' confidence rises but soaring costs threaten fragile businesses
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
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’
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
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
Chancellor Rishi Sunak announced a business rates discount for the hospitality sector this afternoon as well[...]
Autumn Budget 2021: What to expect for hospitality
Chancellor Rishi Sunak is due to deliver his combined Autumn Budget and Spending Review today at[...]
Wholesale reform of business rates ‘shelved until later date’
Wholesale reform of the business rates system has been “shelved until a later date”, according to a report in The Telegraph today."
Budget: service support sector 'totally overlooked'
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
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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