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The trade reacts to the government’s VAT increase
Today, the government has officially returned the VAT rate for the hospitality and tourism industry to 20% (24 March).
Read more...Today, the government has officially returned the VAT rate for the hospitality and tourism industry to 20% (24 March).
Read more...As the cost of living increases, consumers are looking to reduce spending, and recreational drinking could bear the brunt.
Read more...In a campaign organised by UKHospitality, more than 250 business leaders from the service and leisure industries have written to the Chancellor Rishi Sunak, urging the government to keep VAT at 12.5% beyond March 2022.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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
Read more...Over 200 hospitality CEOs have signed a letter urging the Chancellor Rishi Sunak to permanently keep VAT at 12.5%.
Read more...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.
Read more...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.
Read more...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.
Read more...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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