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- 2021 -30 JulyTrade Associations
Hospitality businesses miss out on £100.2bn in sales due to Covid
Hospitality businesses have suffered a £100.2bn drop in sales from pre-pandemic levels in the 15 months since the start of the pandemic, according to the latest edition of the UKHospitality Quarterly Tracker with CGA. Prolonged closures and trading restrictions have both limited total sector sales in the 12 months to…
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28 JulyPubs and Bars
Marston’s reopening sales beat expectations
Marston’s pub group has reported that overall sales for the 42 weeks to 24 July 2021 have been “encouraging, and better than expectations”. In the first week of trading since restrictions were lifted on 19 July, the group said it saw a “modest uplift” in sales adding that whilst this…
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22 JulyTrade Associations
Freedom day ‘does not mark easing of challenges’, trade bodies warn
UKHospitality, The British Beer and Pub Association and The British Institute of Innkeeping have all warned that the easing of restrictions does not mark an “easing of challenges” for sector businesses. In a recent survey by the trade bodies of over 350 businesses operating tens of thousands of venues, it…
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Jun- 2021 -29 JuneTrade Associations
UKH calls on Gov for mitigating measures after ‘freedom day’ delay
UKHospitality has urged the Government to consider a range of mitigating measures in relation to mounting costs for hospitality businesses as the easing of lockdown restrictions is delayed. The trade association claimed that the stall to reopening risks further business failures as a result of unsustainable accrued debts on top…
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29 JuneRestaurants
Tasty sees takeaway and delivery sales ‘perform well’
Tasty, the operator of restaurants in the casual dining sector, has revealed that for the six-week period to 27 June 2021, takeaway and delivery sales “performed well” during the most recent lockdown. Following the easing of lockdown restrictions on 17 May 2021, most of the company’s estate reopened, with 49…
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21 JuneTrade Associations
FSB calls for new strategy to help UK hospitality sector
The Federation of Small Businesses (FSB) has published a new report, which is calling on the government to provide a new strategy to assist the UK’s hospitality and tourism sectors. Titled ‘A Menu for Recovery’, the report outlines a series of recommendations for both sectors, including extending the hospitality VAT…
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15 JuneCoronavirus
Sunak to reject furlough extension calls despite ‘freedom day’ delay
Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report to businesses despite the prime minister announcing a four-week delay to the lifting of restrictions. According to the Guardian, sources close to the chancellor have said that he believes sufficient…
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15 JuneCoronavirus
Lockdown delay will cost hospitality sector £3bn, warns UKH
The four week delay to the final stage of easing lockdown restrictions in England will cost the hospitality sector “around £3bn in sales”, according to Kate Nicholls, UKHospitality chief executive. According to Nicholls, the extension, which will see the remaining social distancing measures continue beyond 21 June, puts 300,000 hospitality…
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14 JuneTrade Associations
UKH urges gov to stick to roadmap amid delay reports
UKHospitality has urged the government to stick to its 21 June 2021 date to lift all Covid-19 restrictions ahead of its decision over a possible delay that is due to take place this evening (14 June 2021). The trade body has reiterated that failure to stick to its roadmap will…
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11 JuneTrade Associations
Hospitality sector throws support behind Tourism Recovery Plan
The hospitality industry is issuing its support for the government’s Tourism Recovery Plan, which will aim to energise the country’s economy after the pandemic. The government’s plan includes a £10m National Lottery ‘Days Out’ scheme of vouchers to support attractions and a new rail pass to encourage domestic breaks. Kate…
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