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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Jan- 2021 -5 JanuaryCoronavirus
Chancellor unveils £4.6bn in new lockdown grants
Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the chancellor has announced. The news comes after the prime minister’s announcement that businesses will be closed until at least February half-term in order to help control the spread of Covid-19. This…
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5 JanuaryCoronavirus
UKH offers industry assistance for vaccine roll-out
UKHospitality has pledged to assist the government in the roll-out of vaccines, following the news that Covid-19 restrictions will be tightening further. Yesterday (4 January), Boris Johnson announced England will return to lockdown level restrictions until, at least, the middle of February. Similar restrictions are also now in place in…
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Dec- 2020 -24 DecemberTrade Associations
UKH calls for extra relief amid Boxing Day restrictions
UKHospitality is calling on the government to provide immediate relief measures to save the hospitality sector, following the announcement that six million more people in the east and south east of England are to enter Tier 4 on Boxing Day. This comes after another Covid-19 variant from South Africa was…
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22 DecemberComment
Reflecting on 2020 as a restaurant owner
I am preparing for the new year with a sense of weariness and exhaustion. 2020 has, to say the least, had its moments of worry, pain, emotion, and tears for the country and certainly most of us in hospitality. ‘Unprecedented’ is now a hackneyed phrase and that perhaps that speaks…
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9 DecemberCoronavirus
UKH: New rent moratoria will help avoid ‘immediate bloodbath’
The recent extension to the lease forfeiture and debt enforcement moratoria will help avoid an “immediate bloodbath” of business failures across hospitality, but it must be accompanied by support to resolve Covid-related rent debt, UKHospitality has warned. The trade body has welcomed today’s announcement by communities secretary Robert Jenrick that…
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Nov- 2020 -23 NovemberCoronavirus
London restaurants and hotels face £3bn rates bill
“Tens of thousands” of businesses across London, including restaurants, bars and hotels, could face a £3bn return to business rates next April without “discerning targeted support”, property advisor Altus Group has warned. It comes as the Treasury wrote off business rates bills for this current financial year in March, in…
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23 NovemberBusiness
BBPA calls for VAT cuts and rates holiday extension
The British Beer and Pub Association (BBPA) has called for further government support for the sector, following revelations that 72% of hospitality and pub businesses could become “unviable” and close in 2021. The association said that an extension in VAT cuttings and the business rates holiday are “top priorities” for…
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4 NovemberCoronavirus
Trade bodies call for plan to secure future of industry and its supply chain
Trade bodies representing the UK’s hospitality, pubs and their supply chain businesses have called on the government to provide a six-month investment plan to secure the future of those sectors. In a letter to the chancellor, UKHospitality, the British Beer and Pub Association (BBPA), British Institute of Innkeeping (BII), Campaign…
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Oct- 2020 -21 OctoberBusiness
UK inflation rises to 0.5% after EOTHO ends
UK inflation for the month of September increased to 0.5% after the end of the Government’s Eat Out to Help Out scheme pushed up prices, according to the latest figures from the ONS. The figure is up from 0.2% in August where prices were driven down by the discount scheme.…
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5 OctoberCoronavirus
BBPA warns of £7bn hit to economy if gov fails to ‘change tack’
The British Beer and Pub Association (BBPA) has warned of a potential £7bn hit to the UK economy if the government fails to change its stance on pubs. The claim comes as part of a new report with Oxford Economics, the forecasting and analysis consultancy, modelling the likely impact of…
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