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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Dec- 2023 -18 DecemberGovernment
10,000 hospitality groups may benefit from Scottish rates relief, reports find
Around 10,000 hospitality businesses would stand to benefit if the Scottish government heeded the calls from UKH Scotland and introduced a business rates relief scheme, replicating support in England, according to The Fraser of Allander Institute. The institute found that those businesses are ineligible for the small business bonus scheme,…
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13 DecemberComment
How digitisation across the restaurant sector is set to evolve in 2024
As we reflect on the last year, it’s fair to say that the restaurant industry has continued to go through unprecedented digital transformation, as innovation in the sector accelerates. While these changes have presented disruptions and challenges, they have also provided restaurants with the opportunity to get creative and find…
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Nov- 2023 -13 NovemberPubs and Bars
Daniel Thwaites turnover jumps 4% in H1
Daniel Thwaites has revealed that turnover for the half-year ended 30 September hit £60.3m, increasing by 4%. This is despite the group’s operating profit dropping from £9.9m last year to £8.8m for the half-year, which was attributed to the impact of property disposal at the hospitality group. Daniel Thwaites reported…
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10 NovemberTrade Associations
Hospitality leaders call for ‘urgent action’ in Autumn Statement
Michelin-starred chefs and publicans have joined industry CEOs from more than 230 companies in signing an open letter to the chancellor calling for urgent support ahead of this month’s Autumn Statement. Tom Kerridge, Monica Galetti, Tom Aikens and Jodie Kidd were among the chefs and publicans included in the letter,…
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8 NovemberTrade Associations
UKH urges govt to protect industry following King’s Speech
UKHospitality has urged the government to ensure there are measures in place to protect hospitality businesses from the effects of the cost-of-living crisis, following the King’s Speech yesterday (7 November). The bills outlined by the King included the carryover of the Digital Markets, Competition and Consumers Bills, which aims to…
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Oct- 2023 -20 OctoberBusiness
UKH warns of inflation-linked rates rise
With inflation standing at 6.7% in September, UK Hospitality has warned that the hospitality industry could face an additional £234m in business rates, if the government is to go ahead with its planned inflation-linked rise in April. This combination would leave hospitality facing a huge £864m in business rate costs…
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Aug- 2023 -14 AugustCatering Companies
Nationwide Caterers Association becomes UKEvents’ newest partner
UKEvents, the umbrella organisation for the events industry, has announced the Nationwide Caterers Association (NCASS) as its newest partner. According to UKEvents, NCASS is the “only” membership organisation in the UK to support independent food and drink businesses and has been supporting its members to be “safe”, “legal”, and “profitable”…
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7 AugustFeatures
The industry reacts to the new alcohol duty hike
Last Tuesday (1 August), the significant shake-up of alcohol taxation arrived, meaning that tax is now levied based on a drink’s strength. This means that the overall duty on most wines and spirits have increased, while taxes on lower alcohol drinks and most sparkling wines have fallen. The changes, which…
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Jul- 2023 -5 JulyComment
Catering to Britain’s future: Nurturing hospitality and entrepreneurship post-Brexit
As the country continues to navigate a new chapter outside of the EU, it is becoming even more crucial to identify those sectors that have the capability to drive economic growth and foster innovation. Catering is an industry that has proven its resilience and thirst for innovation over recent years,…
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Jun- 2023 -14 JuneTrade Associations
Hospitality can deliver £29bn economic boost with right support, says UKH
In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new report launched at UKHospitality’s summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…
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