In an entirely predictable move, Chancellor Rachel Reeves has confirmed that alcohol duty will rise with the Retail Prices Index (RPI) in 2026, provoking near-universal concern across the drinks trade.
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More than half of UK hospitality businesses are anticipating further layoffs and/or price rises if the upcoming Budget fails to deliver urgent support, according to a new joint survey.
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A new survey from leading hospitality trade bodies has revealed that 69% of businesses queried are operating at or below 85% capacity.
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A third of hospitality businesses are operating at a loss and are at risk of failure, according to a survey carried out by UK Hospitality, The British Institute of Innkeeping, the British Beer & Pub Association and Hospitality Ulster.
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A joint survey by UKHospitality, the British Beer and Pub Association, British Institute of Innkeeping and Hospitality Ulster has revealed the cost pressures facing venues compared to 2023.
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More than a third of the UK’s hospitality sector faces closure in 2023 due to the ‘cost of business crisis’.
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