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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Mar- 2018 -23 MarchRestaurants
Carluccio’s seeks private equity buyer following profit drop
Italian restaurant chain Carluccio’s is looking for a private equity buyer after appointing advisers KPMG to assess its options. The Financial Times reported that KPMG had approached Wagamama owner Duke Street and Pret a Manger owner Bridgepoint over a possible buyout. It has also sought turnaround specialists and private equity…
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22 MarchTrade Associations
UKHospitality warns of unemployment increase
UKHospitality, new hospitality trade body merger between the Association of Licensed Multiple Retailers (ALMR) and the British Hospitality Association (BHA), has warned the government that it must act to lower costs for businesses or risk further joblessness and loss of vital hospitality businesses. The warning follows data from the Office…
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19 MarchBeverages
Pubs face triple tax, states CAMRA
The Campaign for Real Ale (CAMRA) is calling for a new deal for pubs in response to fresh data which reveals 18 pubs are being lost each week. The consumer group says that urgent action is needed to cut the tax burden placed on pubs. Pubs are being hit hard…
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16 MarchFood and Drink
Scottish food and drink exports reach £6bn
Overseas Scottish food and drink exports were worth approximately £6 billion in 2017 – almost £570 million more than 2016. Food exports were valued at about £1.6 billion – a rise of 15% (£214 million) during the same period. Exports of food to Europe were worth £1.1 billion after an…
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