As the cost of living crisis and soaring energy bills continue to affect households across the UK, many in the hospitality sector are predicting double-digit price rises, inevitably to be passed on to consumers.
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New legislation is set to be implemented this year, requiring businesses with over 250 employees to display calories information for food products sold to consumers.
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Yesterday's (24 January) announcement from the government that international visitors to the UK that are vaccinated against Covid-19 will no longer be required to test on arrival from February has been welcomed by UKHospitality.
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On-trade drinks sales fell by a quarter in the run-up to Christmas as wary consumers avoided pubs, bars and restaurants ahead of socialising on the big day, as Andrew Catchpole reports.
Newly released data from UKHospitality and CGA Strategy paints a grim picture for on-trade businesses, with sales in UK pubs, restaurants and bars falling 60% on Christmas Day, 31% on Boxing Day and 27% on New Year’s Eve, when compared to 2019.
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New figures from UKHospitality show that pubs, bars and restaurants lost £10,335 on average in the week leading up to Christmas, due to fears over the new Covid-19 variant.
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Scotland and Wales are to receive additional funding from Westminster to help struggling businesses cope with new Covid restrictions, as England awaits news on further restrictive measures.
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As the hospitality industry continues to face a mounting crisis of cancellations and closures in the wake of Omicron and Plan B restrictions, UKHospitality chief executive Kate Nicholls has urged the government to step in and save many businesses from going under.
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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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Today’s Budget announcement included a year-long cut to business rates for the leisure and retail industry, meaning pubs, restaurants and bars will pay 50% less for 12 months.
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Jo Gilbert reports from last month’s Casual Dining Show, where the FutureFoodservice report, The Rebuilding of Hospitality, predicted the shift of the sector towards faster, ‘social re-fuelling’ occasions
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Over 200 hospitality CEOs have signed a letter urging the Chancellor Rishi Sunak to permanently keep VAT at 12.5%.
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The Wine and Spirit Trade Association (WSTA) is again calling on the Government to freeze alcohol duty as consumers face record high prices over the festive period.
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Managed restaurant, pub and bar groups achieved a ‘significant bounce’ in sales in September, the latest edition of the Coffer CGA Business Tracker has revealed.
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The licensed sector has shrunk by nearly 10,000 sites from pre-Covid levels, the new Market Recovery Monitor from CGA and AlixPartners has revealed.
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The UK’s night-time cultural economy (NTCE) sector has been ravaged by the pandemic, with around 86,000 jobs lost in the sector since the 2019 high, a new report has found.
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Britain’s gin makers are calling on Chancellor Rishi Sunak to freeze spirit duty and extend hospitality’s VAT cut to alcoholic drinks to help boost British business.
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A coalition of the country’s hospitality, tourism trade and membership bodies has called on the Prime Minister to keep VAT low for businesses to help them play their part in the Government’s levelling-up and job creation agenda.
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A major new campaign – #VATsEnough – is calling on the Chancellor Rishi Sunak to make the 12.5% VAT rate permanent for hospitality and tourism.
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