Budget

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Budget: Chancellor extends business rates and VAT cuts

03 March 2021 by

Chancellor Rishi Sunak confirmed in his Budget this afternoon that the business rates holiday and the VAT cut will be extended – but not for a full year as hoped for by the industry.

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Budget is 'last chance saloon' for night-time economy

03 March 2021 by

Today’s Budget announcement is the "last chance saloon" for many late-night businesses which have been unable to trade since last March 2020, a trade body has warned.

Calls for hospitality Budget support backed by more than 80 MPs News

Calls for hospitality Budget support backed by more than 80 MPs

01 March 2021 by

More than 80 cross-party MPs are urging the chancellor to provide decisive financial support to protect[...]

Jason Atherton and Chantelle Nicholson back campaign calling on chancellor to save hospitality News

Jason Atherton and Chantelle Nicholson back campaign calling on chancellor to save hospitality

26 February 2021 by

Calls are mounting for the chancellor to support hospitality in his Budget next week, including a[...]

Cut in beer duty under consideration by chancellor News

Cut in beer duty under consideration by chancellor

25 February 2021 by

Prime minister Boris Johnson has confirmed that chancellor Rishi Sunak is considering a cut in beer[...]

Operators optimistic about sector’s long-term future – but urgent support needed for survival News

Operators optimistic about sector’s long-term future – but urgent support needed for survival

25 February 2021 by

Hospitality leaders are optimistic about the long-term future of the sector and its role in the[...]

UKHospitality calls on operators to send message to government ahead of Budget News

UKHospitality calls on operators to send message to government ahead of Budget

18 February 2021

Trade body UKHospitality is calling on operators to lend their support to the #HospitalityMatters campaign to secure further vital support for businesses in next month's Budget by posting videos on social media and writing to their MP.

Think tank urges chancellor to gradually phase out furlough to avoid job losses News

Think tank urges chancellor to gradually phase out furlough to avoid job losses

18 February 2021

Think tank the Resolution Foundation has urged chancellor Rishi Sunak to phase out the furlough scheme gradually to avoid job losses, particularly in sectors like hospitality.

VAT petition surpasses 10,000 signatures News

VAT petition surpasses 10,000 signatures

08 February 2021 by

A petition to extend the VAT cut for the hospitality industry until at least March 2022[...]

Minister suggests further business rates help could be on its way News

Minister suggests further business rates help could be on its way

04 February 2021 by

A treasury minister has suggested that further business rates help could be on the way in[...]

More details on reopening roadmap anticipated later this month News

More details on reopening roadmap anticipated later this month

03 February 2021 by

More details on the hospitality sector’s roadmap to reopening are expected to be clarified towards the[...]

Report calls to halve alcohol duty and scrap business rates to save hospitality from ‘financial oblivion’ News

Report calls to halve alcohol duty and scrap business rates to save hospitality from ‘financial oblivion’

02 February 2021 by

A business group has published a report today urging the chancellor to implement a £35b set[...]

Calls to cut tax on draught beer to help pubs News

Calls to cut tax on draught beer to help pubs

22 January 2021

The Campaign for Real Ale (Camra) is calling for a Budget that lowers the rate of duty on beer served on tap in pubs and social clubs to help them compete with supermarket sales when they can reopen.

A penny saved is a penny earned, says Neil Rankin In-Depth

A penny saved is a penny earned, says Neil Rankin

27 October 2020

The restaurant sector is notoriously thriftless, says Neil Rankin, but it’s about time we ditched our wasteful ways.

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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