Hospitality leaders are optimistic about the long-term future of the sector and its role in the UK’s economic recovery, with many businesses seeking to grow rather than shrink, the latest CGA Business Leaders' Survey has revealed.
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Mounting debt for operators who’ve had no choice but to take on huge government-backed loans to stay afloat is creating an untenable pressure cooker situation for the trade, hospitality owners have said.
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Ministers are reportedly drawing up plans to extend the rent moratorium for commercial properties until past the March end date, further curbing landlords’ ability to evict businesses over unpaid rent.
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Will the chancellor address the continuing controversy over punishing duty rates in the wine and spirits sectors in the 3 March Budget? Lisa Riley reports.
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The Covid-19 pandemic has failed to halt the UK’s distillery boom with new figures showing a record number of distilleries were registered in 2020.
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Victoria Prentis, minister for fishing and farming, this week confirmed that the government will “consider in due course whether there is a case for revisiting the requirements of the VI-1 certification”.
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Richard Bampfield MW has issued a call to the UK trade to support the beleaguered South African wine industry as producers continue to suffer crippling government restriction and oversupply issues.
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GDP figures for November, released last Friday, have highlighted the impact of hospitality on the UK’s economy and made the case for the sector to be “at the heart of reopening plans”, UK Hospitality (UKH) has said.
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Bars, pubs and restaurants have been banned from selling takeaway alcohol under England’s latest lockdown rules announced by Boris Johnson last night.
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Level 4 restrictions will come to an end for parts of west central Scotland from 6pm on December 11. However, the Scottish Licensed Trade Association (SLTA) has said that there is much left to be done if businesses are to survive ongoing government measures.
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UK Hospitality (UKH) has called for the establishment of a Hospitality and Tourism Recovery Fund to support hospitality businesses that have not received any grant support and are at risk of closure.
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UK Hospitality (UKH) and the British Institute of Innkeeping (BII) have called on the government to “revamp and simplify” the system of alcohol duty in order to boost businesses and deliver on the government’s public health initiatives.
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Boris Johnson is set to offer more support to pubs and restaurants, the Daily Telegraph is reporting.
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China has imposed taxes of up to 212% on imports of Australian wine.
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The end of lockdown will bring little relief for England’s hospitality sector, which is returning to the rule of alcohol “only to be served with substantial meals” or stricter for most of the country.
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The lack of certainty on key budgetary announcements is creating untenable instability for businesses, leading tax and advisory firm Blick Rothenberg has said, adding calls for the government to announce full budgetary plans sooner rather than later.
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“The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence.” Charles Bukowski
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After enduring three months of local restrictions with little help, Sara Saunby, owner of Manchester hybrid Salut, says Whitehall’s belated decision to help the North is too little, too late
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Trade bodies have welcomed the extension of the Job Retention (furlough) Scheme (JRS) but warned that this alone is not enough to keep hospitality alive.
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UK Hospitality (UKH) has welcomed the “pragmatic decision” to allow restaurants, bars and pubs to sell pre-ordered takeaway alcohol sales during lockdown 2.0.
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