Budget
Budget: Chancellor extends business rates and VAT cuts
Chancellor Rishi Sunak confirmed in his Budget this afternoon that the business rates holiday and the VAT cut will be extended – but not for a full year as hoped for by the industry.
Budget is 'last chance saloon' for night-time economy
Today’s Budget announcement is the "last chance saloon" for many late-night businesses which have been unable to trade since last March 2020, a trade body has warned.
Calls for hospitality Budget support backed by more than 80 MPs
More than 80 cross-party MPs are urging the chancellor to provide decisive financial support to protect[...]
Jason Atherton and Chantelle Nicholson back campaign calling on chancellor to save hospitality
Calls are mounting for the chancellor to support hospitality in his Budget next week, including a[...]
Cut in beer duty under consideration by chancellor
Prime minister Boris Johnson has confirmed that chancellor Rishi Sunak is considering a cut in beer[...]
Operators optimistic about sector’s long-term future – but urgent support needed for survival
Hospitality leaders are optimistic about the long-term future of the sector and its role in the[...]
Gordon Ramsay says restaurant industry 'should be less of a masculine world' in conversation with chancellor
Gordon Ramsay has said the restaurant industry "should be less of a masculine world" in conversation with chancellor Rishi Sunak."
UKHospitality calls on operators to send message to government ahead of Budget
Trade body UKHospitality is calling on operators to lend their support to the #HospitalityMatters campaign to secure further vital support for businesses in next month's Budget by posting videos on social media and writing to their MP.
Think tank urges chancellor to gradually phase out furlough to avoid job losses
Think tank the Resolution Foundation has urged chancellor Rishi Sunak to phase out the furlough scheme gradually to avoid job losses, particularly in sectors like hospitality.
VAT petition surpasses 10,000 signatures
A petition to extend the VAT cut for the hospitality industry until at least March 2022[...]
Minister suggests further business rates help could be on its way
A treasury minister has suggested that further business rates help could be on the way in[...]
More details on reopening roadmap anticipated later this month
More details on the hospitality sector’s roadmap to reopening are expected to be clarified towards the[...]
Report calls to halve alcohol duty and scrap business rates to save hospitality from ‘financial oblivion’
A business group has published a report today urging the chancellor to implement a £35b set[...]
Pressure mounts on Rishi Sunak after rates holiday extended in Scotland
The Scottish government has announced a three-month extension of business rates relief for Scottish hospitality and tourism businesses."
Calls to cut tax on draught beer to help pubs
The Campaign for Real Ale (Camra) is calling for a Budget that lowers the rate of duty on beer served on tap in pubs and social clubs to help them compete with supermarket sales when they can reopen.
A penny saved is a penny earned, says Neil Rankin
The restaurant sector is notoriously thriftless, says Neil Rankin, but it’s about time we ditched our wasteful ways.
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