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.
-
Mar- 2022 -23 MarchGovernment
Spring Statement: Chancellor raises NI threshold to £12,570
The chancellor has outlined a series of measures to help combat the rising cost of living in his latest spring statement, including increasing the national insurance threshold by £3,000. Speaking in parliament today (23 March), Rishi Sunak began his speech by warning it is yet unclear what the impact of…
Read More » -
21 MarchPubs and Bars
MPs call for end of ‘draconian’ pub tax
The All-Party Parliamentary Beer Group (APPBG) of MPs has released a new report which calls on the Government to “urgently address the business rate iniquity which is threatening the future of pubs and their communities while online giants continue to swerve the taxman”. The report, ‘Levelling the Bar: reforming outdated…
Read More » -
4 MarchRestaurants
UKH calls for permanent pavement licences
UKHospitality has said it believes making pavement licences permanent will “help the Covid-ravaged hospitality sector make a faster post-pandemic recovery”. It comes as outdoor drinking and dining areas have become popular over the past two years, which UKH said has “in some cases ensured the survival of those hospitality businesses…
Read More » -
1 MarchPubs and Bars
Revolution bars returns to profitability in H1
The Revolution Bars Group has announced its pre-tax profits for the 26 weeks ended 1 January 2022 (H1 FY22) hit £4.3m, up from a loss of £17.7m in the comparative FY21 period, and up from a loss of £1.6m for the same period in FY20. Additionally, the group returned to…
Read More » -
Feb- 2022 -16 FebruaryFeatures
The importance of sourcing an ethical rating specialist
Why is it important for hospitality firms to mitigate costs as much as possible? Controlling overheads and costs is always a key part of building a successful, viable business. After two years of disrupted trade due to the pandemic and with rising inflation hitting every area from energy to staffing,…
Read More » -
8 FebruaryPubs and Bars
Leeds ‘most vibrant’ UK city for hospitality, report finds
Leeds has been named the most vibrant city for eating and drinking out in the UK, with only a -0.2% drop in sales compared with the same period in 2019, ahead of Glasgow, Bristol and Birmingham, where restaurant, pub and bar sales held up relatively well in late December and…
Read More » -
7 FebruaryNews
Star Pubs and Bars unveils partnership with Dunlop Heywood
Star Pubs and Bars has announced its new partnership with rating specialist Dunlop Heywood. It revealed the partnership is set to help ensure that its leased and tenanted pubs are not “excessively” assessed and overcharged for their business rates. According to the firm, Dunlop was appointed after an “extensive” tendering…
Read More » -
7 FebruaryNews
Price rises for consumers now ‘inevitable’, says UKH
Nearly half of operators (47%) are reporting that they will be forced to increase consumer prices by over 10% this year, with 15% anticipating hikes of over 20%, according to a UKHospitality survey. of over 340 hospitality businesses representing 8,200 venues, employing 190,000 people. Overall, it is expected that prices…
Read More » -
1 FebruaryPubs and Bars
UKH urges gov to boost duty reforms
UKHospitality has revealed that while it has “heralded” the reforms to the alcohol duty system that were announced in the last budget, it is now urging the government to support the “beleaguered” industry further by expanding them. In its response to a government consultation, UKHospitality has called for the government…
Read More » -
Jan- 2022 -31 JanuaryRestaurants
UKH outlines guidance for calorie labelling legislation
UKHospitality has produced guidance on the new calorie labelling legislation, due to be implemented this April. It is intended to help affected businesses and to ensure consistent enforcement post-April and is therefore available to anyone in the sector, not just UKHospitality members. The guidance has been compiled in conjunction with…
Read More »
