The Scottish government has announced that it will introduce 40% business rates relief for hospitality businesses in a move which looks to ease the burden on a struggling sector. However, not everyone will benefit.
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Long-time spirits industry commentator and MD of Mangrove Global, Nick Gillett, speaks out ahead of the new Labour government’s Autumn Statement, arguing that ‘the best hospitality can hope for is to be left well alone’.
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A survey of pubs, breweries and hospitality businesses has revealed that jobs and investment plans would be threatened if business rates relief expires in April, causing bills to quadruple.
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A re-tightening of restrictions is threatening to put a pin in Christmas celebrations, causing more gloom for the hospitality sector as the government rubber stamps plans to introduce vaccine passports for late-night venues.
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The hospitality sector is “an industry in peril” that is fighting for its life, the latest edition of the UKHospitality (UKH) and CGA Quarterly Tracker has said.
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