The WSTA has renewed its calls on the Chancellor to cut alcohol duty to allow UK businesses to “thrive and compete on a global stage”.
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A treasury minister has said there are “no current plans” to further extend the reduction in VAT for hospitality businesses despite estimates that rising rates could directly and permanently impact the sector and lead to the loss of up to 310,000 jobs.
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UK Hospitality chief Kate Nicholls has renewed calls for additional government support a year on from her first strategy meetings with ministers at the beginning of the pandemic.
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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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The new edition of Harpers, out today, will reach readers hot on the heels of a parliamentary debate on the need for the creation of a minister for hospitality role in UK government. Resulting from the success of the Seat at the Table petition launched by hotelier Robin Hutson, of The Pig group and (formerly) Hotel du Vin fame, the proposal gained “an overwhelmingly positive response from all corners”, as reported by Harpers.
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Up to 310,000 jobs across the hospitality and tourism sector are at risk without an extension of the reduced 5% VAT rate, a new survey has revealed.
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Extending the VAT cut and the business rates holiday are top priorities for the hospitality sector if businesses are to survive beyond the winter, according to new research by CGA for UK Hospitality, the British Beer and Pub Association and the British Institute of Innkeeping.
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There are deep concerns across the hospitality sector about the impact of the government’s latest lockdown measures for England which were announced on Saturday evening by the prime minister.
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The WSTA has warned that the threat of VI-1 forms is still "very real", saying that the policy, not just the timing, still needs to change.
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The success of the government’s Eat Out to Help Out scheme in August helped push the UK inflation rate to a five-year low, according to data from the ONS.
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Miles Beale, chief executive of the Wine and Spirit Trade Association (WSTA) has highlighted the potential of an upcoming government review into excise duty, which could have a major impact on the robustness of the industry to face challenging times.
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Nearly a quarter of Britain’s licensed premises were still to reopen at the end of August, with the London market particularly slow to recover, new data has shown.
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With hospitality one of the hardest hit sectors in the wake of the pandemic, the head of the leading trade organisation has no end of crucial issues to deal with. Kate Nicholls talks strategy to Lisa Riley
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The government has released new guidance for businesses on the Eat Out to Help Out Scheme, which will enable bars and restaurants to claim back customer-facing discounts from 7 August.
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Chancellor Rishi Sunak has announced a major cut to VAT for the hospitality and tourism sectors as they emerge from lockdown, as well as a first of its kind government-backed discount to help encourage customers to get back to the nation's bars, pubs, restaurants and cafes.
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The government has announced a Job Retention Bonus to support furloughed employees and businesses back into work.
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The Covid-19 outbreak is causing serious damage to the UK’s wine industry, according to a survey of its members commissioned by Wines of Great Britain.
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Companies are calling on the government to reassess its package of relief support which they say doesn't go far enough, fast enough, to help cash-strapped businesses through these turbulent times.
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Information for businesses on how to access the Chancellor's various support packages can be found at www.gov.uk
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As the on-trade shuts down, suppliers and hospitality operators are continuing to press government and banks on the speed with which relief measures are needed by the trade.
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