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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Sep- 2022 -5 SeptemberTrade Associations
UKH urges new PM to ‘act quickly and decisively’ to save sector
UKHospitality has urged the new prime minister to act “quickly and decisively” in order to save the sector in the face of increasing costs due to the energy crisis. The news comes as Liz Truss was confirmed as the new prime minister after beating former chancellor Rishi Sunak in the…
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Aug- 2022 -26 AugustGovernment
CBI calls for emergency grant to tackle energy crisis
The Confederation of British Industry (CBI) with business groups has called for the Government to introduce Covid-style emergency grants and a cut in VAT as part of a package of measures to help firms survive spiralling energy costs. New survey data from the CBI reveals the extent to which businesses…
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3 AugustComment
How the Hospitality Industry can combat the insolvency crisis
After a report from UHY Hacker Young showed that UK restaurant insolvencies have jumped 64% from 856 in 2020/21 to 1,406, Kate Nicholls, CEO of UK Hospitality, warns that “it’s quite clear that this is just the tip of the iceberg”. The past quarter represented the largest number of restaurant…
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Jul- 2022 -27 JulyRestaurants
Two-thirds of hospitality business feel abandoned by government
Almost two-thirds of hospitality businesses feel abandoned by the government, according to new research from Peckwater Brands. The virtual brand operator surveyed 201 senior decision-makers within hospitality businesses. It found that nearly seven-in-10 (69%) of respondents are in favour of the government’s actions which protect hospitality businesses which accumulated debts…
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20 JulyRegulations & Policies
UKH calls for reformed business rates reductions to be reflected in bills
UKHospitality has called for reductions under reformed business rates to be reflected in bills “as quickly as possible” in response to the government’s consultation on transition for the next business rates revaluation In its full response UKHospitality has called for: Assurance that the scheme will allow for all businesses to…
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7 JulyTrade Associations
Hospitality joins forces to strive for fairer treatment from the gov
A group of hoteliers and restaurateurs fed up with the industry being “discriminated against, with disproportionate business rates”, came together at Nailcote Hall Hotel, Coventry in order to help push for change. A meeting took place with CEO of UK Hospitality, Kate Nicholls and Midlands MP, Saqib Bhatti, to discuss…
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4 JulyPubs and Bars
Number of pubs falls by over 7,000 in past decade
The number of English and Welsh pubs fell below 40,000 for the first time during the first half of 2022 with pub numbers having fallen by 7,107 in the last 10 years, new research has revealed. Research by the real estate adviser Altus Group, found that the overall number of…
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Jun- 2022 -22 JunePeople
UKH Scotland appoints new chair
UKHospitality Scotland has announced that Chris Wayne-Wills, CEO of Crerar Hotels, has taken on the role of chairman from Calum Ross, the owner and proprietor of Loch Melfort Hotel in Argyll. Elected by the UKHospitality Scotland Committee, Wayne-Wills becomes chairman at what is described as a “crucial time for the…
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May- 2022 -30 MayRestaurants
Comptoir Group revenue soars 67% in FY21
The Comptoir Group has seen group revenues rocket 66.9% to £20.7m in the year ended 31 December 2021, up from the £12.4m reported in 2020. As trading returned over the year, gross profit was up by £7.1m to £16.9m up by £7.1m, up from £9/8m the prior year when trading…
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20 MayNews
UKH calls for online sales tax
In its response to the government’s consultation on the introduction of an online sales tax, UKHospitality has called for consideration to be given to property-based industries such as hospitality. The trade body’s submission has also called for such a tax to be ear-marked to provide a “targeted reduction to business…
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