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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Feb- 2025 -18 FebruaryPubs and Bars
BBPA calls for govt action as 300 pubs closed for good in 2024
The British Beer and Pub Association (BBPA) said that urgent government action is needed to halt “completely avoidable” closures, as its latest figures showed that nearly 300 pubs closed across England and Wales last year – an equivalent of six a week. The industry body, which represents more than 20,000…
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10 FebruaryPubs and Bars
Number of late-night hospitality venues falls by 2.8% in 2024
Britain’s late-night hospitality sector had a total of 2,264 nightclubs, late-night bars and casinos at the end of 2024, spelling a reduction of 2.8% in a year and 25.2% less than pre-pandemic, according to CGA by NIQ’s first edition of the Night Time Economy Market Monitor. Nightclubs have borne the…
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4 FebruaryPubs and Bars
Admiral Taverns ‘well-positioned’ to weather tax increases
Admiral Taverns has stated that it is “well-positioned” to weather increases in employer National Insurance contributions and business rates following strong trading. The company revealed that its underlying operating profits rose almost 1% from £36.9m to £37.2m for the year ended 26 May 2024. Alongside this, the company’s turnover rose…
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Jan- 2025 -29 JanuaryBusiness
Licensed hospitality closures slow in 2024
Britain’s pubs, restaurants and hotels overcame widespread challenges to end 2024 with virtually the same number of premises as 12 months earlier. Data from hospitality data and insight consultancy CGA shows a total of 99,120 outlets operating in December 2024, compared with 99,113 in December 2023. It represents a year…
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28 JanuaryFeatures
How will the Scottish budget affect businesses?
On 4 December 2024 first minister John Swinney announced the budget for Scotland for the period of 2025-2026. It followed the announcement of the budget for the rest of the UK by chancellor Rachel Reeves in October. As part of devolution powers introduced under the Tony Blair administration, the Scottish…
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24 JanuaryAnalysis
How hospitality saved November and why it needs saving in April
The Office for National Statistics’ November 2024 GDP numbers highlight how important the hospitality industry is to the UK economy. It is evident that this industry continues to be a pillar of economic recovery, with the food and beverage subsector leading the economy in terms of performance, and hotels following…
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20 JanuaryNews-In-Brief
Today’s news in brief – 20/01/25
The latest Scottish budget will leave more than 2,500 businesses ineligible for support, UKH claims. The new measures outlined in the budget will provide 40% business rates relief for venues with a rateable venue up to £51k. The trade body fears that these measures entrench Scottish hospitality’s lack of competitiveness…
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20 JanuaryTrade Associations
Scottish budget leaves thousands of venues worse off, UKH claims
UKHospitality Scotland has claimed that the latest Scottish budget will leave more than 2,500 hospitality businesses ineligible for support. The new measures in the budget will provide 40% business rates relief for venues with a rateable value up to £51,000. The trade organisation stated that combined with increases to the…
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14 JanuaryFeatures
How will businesses deal with increased costs in 2025?
Since chancellor Rachel Reeves’ Autumn Budget those in the hospitality industry have been bracing for a year of increased costs. The question on everyone’s lips as we enter 2025 is what effect these changes will actually have on the industry and how the industry will go about combatting them. How…
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2 JanuaryPubs and Bars
More than 34 pubs a month stopped trading in 2024, data finds
The number of pubs that stopped trading permanently across England and Wales rose by 6.7% on 2023 levels, with more than 34 a month calling last orders for the final time in 2024, according to analysis of official government data by Altus Group. The commercial real estate adviser found that…
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