Reports from the national press suggest that the premium on sparkling wine duty could be scrapped by chancellor Rishi Sunak in the upcoming Autumn Budget in a move which could bring sparkling wine duty in line with still.
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Having contingency plans and not relying on the rest of the world in order to manage risk was one of the key messages from this morning’s WSTA Industry Summit briefing, Recalibrating the ‘Norm’, with Lorraine Copes, founder of Be Inclusive Hospitality and George Yip, Emeritus prof. marketing & strategy, Imperial College Business School.
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The Wine and Spirit Trade Association (WSTA) has unveiled an impressive line-up of speakers for its annual Industry Summit next week, due to take place virtually.
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UK Hospitality (UKH) and the British Institute of Innkeeping (BII) have called on government to introduce business rates reform after estimating that the sector overpays by £2.4bn each year.
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The Government is currently considering levying a 25% tariff on US wine imports reaching the UK. But there is another long-suffering category in American whiskey, which was left out of a recent revision and five-year suspension on tariffs for spirits travelling between the US and Britain. Greg Mefford, international sales director at spirits maker Luxco, looks at the implications for a popular category.
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The hospitality sector is facing a summer of venue closures and reduced service following the government’s decision to leave the industry off the self-isolation exemption list, UK Hospitality (UKH) has warned.
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The Wine and Spirit Trade Association (WSTA) has won a significant post-Brexit victory after government has agreed to scrap the time consuming and costly VI-1 forms on imported wine.
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Kingsland Drinks Group including Kingsland Drinks and newly established Ten Locks, has made a move to being partially employee owned.
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The number of new job vacancies in the hospitality sector rose by almost 10% in the last seven days, according to new analysis by audit, tax and consulting firm RSM.
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Britain's managed pub, restaurant and bar groups saw sales in June nearly level with the same month in 2019 on both a total and like-for-like basis, according to the latest Coffer CGA Business Tracker.
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A majority of business leaders now feel optimistic about market prospects for the next 12 months, while consumers are increasingly confident about going out, according the latest Future Shock report from CGA and UK Hospitality (UKH).
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Moët Hennessy and Campari Group have announced the formation of a 50/50 joint venture with the purpose of investing in wines and spirits ecommerce companies.
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The industry has welcomed Prime Minister Boris Johnson’s confirmation that social distancing measures will be lifted next week, a move that UK Hospitality (UKH) said would bring “huge relief” for the hospitality sector.
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Callum Saunders, head of planning at ZEAL Creative, looks to the latest BrewDog scandal over its “solid gold” cans for lessons on the importance of promotional excellence.
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The TaxPayers’ Alliance (TPA) has added its voice of support for the English wine industry calling for an end to the “unfair tax system that is crippling the industry”.
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A total of 76.2% of Britain’s licensed sites were trading by the end of May, with the number more than doubling from April’s 32.9% thanks to the return of inside service, according to the latest Market Recovery Monitor research from CGA and AlixPartners.
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The government has announced new legislation which will extend the rent moratorium past the former 30 June 2021 deadline, while also introducing a new arbitration system to solve disputes between landlords and commercial tenants affected by the pandemic.
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Business investment in the hospitality sector slumped 13.7% last year, trailing UK industry as a whole, according to the latest Office for National Statistics (ONS) data.
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Fears of staff shortages after the pandemic and Brexit, plus challenges in keeping post-furlough teams productive have come out as key concerns for hospitality business leaders.
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Any potential delay on further relaxation of restrictions this month would have a “devastating effect on an already-fragile hospitality sector”, Kate Nicholls, CEO of UK Hospitality (UKH) has said.
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