Economic Growth
Reporting focuses on how wider economic trends influence the UK hospitality and foodservice sector, including shifts in GDP, consumer confidence, business investment, inflation, and labour market conditions. Coverage offers analysis to help restaurant groups, pub operators, and caterers understand macroeconomic forces shaping demand, expansion plans, and long-term strategy.
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Jul- 2024 -17 JulyNews
Starmer vows to ‘make work pay’ in King’s Speech
The new Labour government has outlined its main goals for the new parliament as part of the King’s Speech today (17 July) with a central focus of “ improving living standards for working people through economic growth”. Key points outlined in the speech, read by the King but written by…
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Jun- 2024 -13 JuneTrade Associations
‘Back hospitality to serve Britain’, UKH urges
UKHospitality plans to call on all political parties to give their backing to the sector at its annual summer conference, as it maintains that hospitality can grow at a “significantly” faster rate than the wider economy. According to economic analysis from UKH and Ignite Economics, the sector can grow by…
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6 JuneTrade Associations
UKH launches election toolkit for businesses
UKH has announced the launch of its election toolkit for hospitality, which will offer the opportunity for businesses to invite parliamentary candidates in their constituency to their venue to “impress upon them the importance of the sector”. This launch is part of the trade body’s pre-election campaigning, which started at…
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May- 2024 -31 MayOpinion
Are we really out of the woods?
For most of us in hospitality: the last nine to 12 months have been very challenging indeed. One well known operator said to me recently that these were the worst trading conditions he had encountered in 40 years. My hospitality career nowhere near stretches that long, but I agree with…
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15 MayNews
Hospitality vacancies remain above pre-pandemic levels
Hospitality vacancies remain “stubbornly” above pre-pandemic levels with little positive movement in five months, the ONS has revealed. According to the latest statistics published yesterday (14 May), there were 107,000 vacancies in hospitality in the quarter to April 2024. This is 15% higher than pre-pandemic levels of 93,000. UKhospitality argues…
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8 MayRestaurants
Hospitality closures slow in Q1
Closures in Britain’s hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, according to data from CGA. The sector saw a 0.4% decline in total numbers between the start of January and the end of March, the third smallest…
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Mar- 2024 -7 MarchTrade Associations
UKH Scotland urges govt to use extra £295m for sector support
UKHospitality Scotland has urged the Scottish government to allocate £295m towards supporting the hospitality industry. Calls from UKH to increase the government’s monetary support of the industry comes as Scotland will receive around £295m in additional funding through the Barnett formula. Since the start of the pandemic, Scotland has lost…
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Feb- 2024 -6 FebruaryPubs and Bars
Compass commits over £3m Apprenticeship Levy funding
Compass Group UK and Ireland has announced it has supported 250 apprentice programmes across 170 organisations, committing over £3m of its Apprenticeship Levy. These funds have helped small and medium-sized enterprises, charities and social enterprises to invest in and develop their staff. Large employers that pay the Apprenticeship Levy can…
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Jan- 2024 -2 JanuaryNews
Today’s news in brief – 02/01/24
The DLUHC has allocated £25m from the Community Ownership Fund to aid over 70 pubs, cinemas, and museums across the UK. This funding aims to sustain the operations of these community assets and ensure safety in communal areas. Each selected project will receive up to £2m, with 26 community centres,…
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2 JanuaryTrade Associations
UKH sets out plan for 2024
UKHospitality has unveiled a three-point plan which it will focus on in 2024 to put hospitality at the “front and centre of policy making” ahead of the next General Election. The plan includes generating investment through root and branch reform of business rates, creating jobs through Apprenticeship Levy reform and…
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