170 hospitality leaders have backed UKHospitality’s call for a lower level of business rates for the sector ahead of the Labour party’s first Budget at the end of the month. In an open letter to the chancellor, the CEOs of Britain’s most well-known and biggest pub groups such as Fuller’s,…
Read More »Business
The latest news and updates on the business of foodservice, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
September’s CPI inflation data will cause an additional £48m increase to business rates meaning the overall bill, set for April, will likely hit £914m, according to UKHospitality. As a result of this the trade body is calling on the chancellor to introduce a lower, permanent and universal multiplier for hospitality.…
Read More »
Revolution Bars has announced that its name has officially changed to ‘The Revel Collective’ from today (14 October), as the board decided that it would “better reflect the make-up of the group”. According to the group, its shareholders have been unaffected by the change of name and existing share certificates…
Read More »
Inverclyde Council has launched the Growth Programme for Independent Hospitality Businesses to help boost the local sector thanks to funding from the UK government through the Shared Prosperity Fund. It follows the success of a similar initiative run earlier this year for independent retailers. Participants in the new hospitality support…
Read More »
Scotland-based hospitality group Buzzworks is set to create more than 60 new jobs in the Edinburgh area. The news comes after Buzzworks revealed plans to open a Lido café, bar and restaurant in Musselburgh this winter, following on from the success of sister venues already operating in Troon and Prestwick.…
Read More »
UKHospitality Scotland has said that the 2026 Commonwealth Games can help promote Glasgow hospitality on the world stage. This comes after it was announced that Glasgow will host the event, as the Australian state of Victoria pulled out of hosting due to cost concerns. Glasgow will be hosting the Commonwealth…
Read More »
The end of business rates relief could cost hospitality businesses £928m in April, according to data from UKHospitality. Hospitality and leisure businesses face their bills quadrupling, totalling tens of thousands of pounds per venue, if business rates relief ends as planned on 31 March. Data from UKH found that A…
Read More »
UKHospitality is calling for a permanent, lower hospitality multiplier to avoid sky-rocketing business rates bills for thousands of hospitality businesses in April 2025. With current business rates relief set to end on 31 March next year, the chancellor must act to ensure already cash-strapped hospitality businesses aren’t left facing the…
Read More »
Just under half (49%) of hospitality leaders feel confident about prospects for their business over the next 12 months, down by 4% from May and a third consecutive quarter-on-quarter drop, according to CGA by NIQ’s latest Business Confidence Survey. Meanwhile, 36% of leaders feel optimistic about prospects for hospitality in…
Read More »
The Institute of Hospitality (IoH) has become a strategic partner of the Bank of England’s Banknote Checking Scheme, a free scheme for companies to protect their business from counterfeit banknotes and stay up-to-date on the latest banknote news. Whilst counterfeiting has substantially reduced since 2019, businesses that accept counterfeits can…
Read More »