Cost of Living

13 Spring Statement predictions

With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only…

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Restaurant insolvencies rise to 354 in Q4

Restaurant insolvencies jumped by a fifth to 354 in the last quarter of 2021, rising from 296 in Q3, according…

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UK public support maintaining 12.5% VAT, UKH says

There is strong support amongst the public for VAT to remain at its current rate of 12.5% beyond April, according…

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Consumer spending slows in January

Consumer card spending rose by only 7.4% in January compared to the same period in 2020, marking the smallest uplift…

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BoE raises interest rates to 0.5%

The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from…

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Energy price cap to rise 54% from April

Hospitality bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase…

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UK economy surpassed pre-Covid levels in November

Gross domestic product (GDP) has surpassed its pre-pandemic level for the first time as it grew by 0.9% in November…

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Hospitality vacancies could reach 163,000 over Christmas, study finds

Hospitality vacancies could reach as high as 163,000 over Christmas as the UK continues to be hit by an employment…

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Unite announces Greene King pay dispute strike dates

Workers at drinks giant Greene King have announced a rolling programme of strikes into July as a result of an…

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Greene King union staff members vote for strike action

Greene King workers who are part of the Unite union have voted for strike action following a “paltry” pay offer…

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