Business Rates
We provide essential coverage of business rates policy and reform, and how it impacts operators across the UK foodservice and hospitality sector. From government relief schemes and revaluation updates to lobbying efforts led by UKHospitality and industry coalitions, this captures the key developments influencing site viability and cost pressures. Whether you run a single high-street restaurant or oversee a multi-site pub or catering group, we explain how changes to the business rates system affect your bottom line, and what you need to know to plan ahead.
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Jul- 2023 -20 JulyPubs and Bars
BII urges all pubs to engage MPs ahead of Autumn Budget
The British Institute of Innkeeping (BII) has announced the launch of its #MyPub campaign, calling on pubs across the UK to write to their MPs, and invite them to visit their vital local businesses at the heart of their constituencies. It said this will allow them to show MPs the…
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19 JulyNews
Hospitality’s recovery slowed by inflation and staff costs, CGA finds
Hospitality’s post-Covid recovery is threatened by rising prices in multiple key areas, the latest business confidence survey from CGA by NIQ and Fourth has revealed. The poll shows that half of senior-level operators are now very concerned about inflation in food and drink prices. In May, the CGA prestige foodservice…
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17 JulyComment
Loans repayment, inflation, staff shortages: what else we can expect from hospitality insolvencies?
What are the potential reasons for the continued increase in the number of hospitality insolvencies we’ve seen recently? Glyn: I think it goes back to the pandemic. Covid was a big thing for the sector and rightly, both the government and HMRC stepped in to help companies with furlough and…
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13 JulyRestaurants
Big Table Group sales hit £206.2m in FY22
Big Table Group revealed that full sales reached £206.2m in the 12 months to 30 October 2022, an increase from £142.1m in the previous year, despite Covid restrictions, energy and food price inflation, and the end of business rates concessions. The group, which operates Las Iguanas, Bella Italia, Café Rouge,…
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Jun- 2023 -14 JuneTrade Associations
Hospitality can deliver £29bn economic boost with right support, says UKH
In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new report launched at UKHospitality’s summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…
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Apr- 2023 -25 AprilNews
Greene King urges government to protect pubs ahead of coronation
Four in five Brits believe pubs are important for local communities, according to new research by Greene King. Greene King’s report comes ahead of the King’s coronation and looks at the role pubs play in local communities, their social and economic impact, and how they have evolved with society since…
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Feb- 2023 -23 FebruaryBusiness
Third of hospitality firms at risk of going under, says UKH
UKHospitality has revealed that 32% of hospitality firms are at risk of failure within the next year, despite hospitality sales in 2022 surpassing pre-Covid levels. The hospitality association said this is because sales remain “significantly behind 2019” in real terms due to inflation. The UKHospitality Quarterly Tracker, in association with…
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21 FebruaryTrade Associations
Hospitality leaders’ confidence rises though soaring costs still loom
Hospitality leaders remain “cautiously optimistic” despite soaring costs still threatening weaker businesses, according to the 2023 Business Leaders’ Survey from CGA by NielsenIQ and Fourth. The poll found that 47% felt confident about their business prospects over the next 12 months, up from 29% in CGA’s last survey three months…
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15 FebruaryBusiness
Inflation falls to 10.1% in January
Inflation slowed for the third consecutive month in January to 10.1%, down from 10.5% in December, but remains close to a near 40-year high. According to the latest figures from the Office for National Statistics (ONS), on a monthly basis, inflation fell by 0.6% in January 2023, compared with a…
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Jan- 2023 -16 JanuaryBusiness
UKH says lack of support hinders Scottish hospitality
Scottish hospitality businesses are said to be operating at a “significant” disadvantage to those in England and Wales, as a result of the Scottish government’s reluctance to support businesses, according to UK Hospitality. The hospitality organisation has addressed the Scottish government’s finance and public administration committee on the urgent need…
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