More than 50,000 of England’s licensed premises will be unable to trade under the government’s tough new tiered restrictions coming into place this week, according to research for the latest edition of the Market Recovery Monitor from CGA and AlixPartners.
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Berry Bros. & Rudd (BBR) has posted strong results, showing the family-owned business in growth for FY20 and “solid” half-year results for FY21.
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Liv-ex is predicting that the number of ‘steps’ involved in transferring wine between the UK and the EU will more than double post-January, with associated costs forecasted to rise exponentially.
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The lack of certainty on key budgetary announcements is creating untenable instability for businesses, leading tax and advisory firm Blick Rothenberg has said, adding calls for the government to announce full budgetary plans sooner rather than later.
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Reconfiguring supply chains will be a key objective for businesses as they emerge from the Covid-19 crisis, a new study from the Capgemini Research Institute has revealed.
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Beer importer and distributor James Clay and Sons has has secured its EU supply chain with the acquisition of Rarter Bond Ltd. as part of its “Brexit preparedness” strategy.
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UK Hospitality (UKH) has reiterated the need for additional support for the hospitality industry as ONS stats released today revealed that the UK unemployment rate has reached a four-year high.
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The Brussels-based CEEV (Comité Européen des Entreprises Vins) and Wine Institute of California have renewed calls for a suspension of retaliatory tariffs on wine in response to the trans-Atlantic dispute over Boeing aircraft subsidies.
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Trade bodies have welcomed the extension of the Job Retention (furlough) Scheme (JRS) but warned that this alone is not enough to keep hospitality alive.
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Chancellor Rishi Sunak has announced that the government’s Job Retention Scheme, better known as the furlough scheme, will be extended until the end of March 2021, with government once again paying 80% of wages up to £2,500 to see businesses through a second wave of Covid-19 infections.
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UK Hospitality (UKH) has welcomed the “pragmatic decision” to allow restaurants, bars and pubs to sell pre-ordered takeaway alcohol sales during lockdown 2.0.
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UK Hospitality (UKH) Cymru has warned that further support is needed if the industry to survive the winter.
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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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Trade bodies representing Scotland’s hospitality sector have proposed a workable ‘strategic framework’ for the industry ahead of today’s scheduled debate that will map out the next six months for the sector.
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UK Hospitality (UKH) has released research suggesting that there is a low level of transmissions of Covid-19 in the hospitality sector.
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Rishi Sunak has announced a new raft of support measures in the Commons today (22 October), following a morning meeting with business leaders including hospitality operators.
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Drinks giant Pernod Ricard has seen its sales drop 6% in the first quarter of the financial year, though UK retail sales remain dynamic.
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Hospitality faces 750,000 job losses without urgent government support, according to the latest research conducted by CGA for UK Hospitality (UKH), the British Institute of Innkeeping (BII) and the British Beer & Pub Association (BBPA).
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UK Hospitality (UKH) has warned that the £40m pot of financial support provided by the Scottish government is not enough to keep the hospitality industry alive.
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Prime Minister Boris Johnson has confirmed the introduction of a three-tier lockdown system that sets out different rules for regions classified as being on ‘medium’, ‘high’ or ‘very high’ alert.
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