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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Sep- 2024 -20 SeptemberFeatures
The implications of Edinburgh’s Visitor Levy Act
The Visitor Levy Act, which was passed by the Scottish Parliament in May 2024 and received Royal Assent shortly after in July, grants local councils the authority to implement a tax on overnight accommodation, commonly referred to as a “visitor levy” or “tourist tax”. This new legislation represents a significant…
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16 SeptemberBusiness
Business rates relief end could cost hospitality £1bn, says UKH
The end of business rates relief could cost hospitality businesses £928m in April, according to data from UKHospitality. Hospitality and leisure businesses face their bills quadrupling, totalling tens of thousands of pounds per venue, if business rates relief ends as planned on 31 March. Data from UKH found that A…
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5 SeptemberBusiness
Confidence among hospitality leaders falls by 4%, CGA finds
Just under half (49%) of hospitality leaders feel confident about prospects for their business over the next 12 months, down by 4% from May and a third consecutive quarter-on-quarter drop, according to CGA by NIQ’s latest Business Confidence Survey. Meanwhile, 36% of leaders feel optimistic about prospects for hospitality in…
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Aug- 2024 -16 AugustTrade Associations
UKH urges Edinburgh to implement cost recovery to visitor levy
UKH Scotland has urged the City of Edinburgh Council to adopt the cost recovery mechanism recommended in the draft visitor levy scheme. The draft scheme, which was published ahead of the Policy and Sustainability Committee meeting next week on Thursday 22 August, has recommended that 2.5% of proceeds collected by…
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14 AugustTrade Associations
Hospitality unites to support business rates reform
A number of hospitality trade organisations have united to call for reform to the business rates model. UKHospitality (UKH), the British Beer and Pub Association (BBPA), British Institute of Innkeeping (BII) and Hospitality Ulster (HU) have produced a survey detailing the biggest issues for the sector. According to the survey,…
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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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