GDP

Chancellor freezes tax thresholds in Autumn statement

Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax…

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BoE raises interest rates to 3%

The Bank of England (BoE) has raised the base rate of interest to 3%, an increase of 0.75%, as it…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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Hospitality joins forces to strive for fairer treatment from the gov

A group of hoteliers and restaurateurs fed up with the industry being “discriminated against, with disproportionate business rates”, came together…

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BoE raises interest rates to 1.25%

The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its…

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BoE raises interest rates to highest level since 2009

The bank of England (BoE) has raised interest rates to its highest level since 2009 – marking the fourth time…

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UKH launches local election manifesto highlighting community recovery

UKHospitality has published a raft of recommendations for local government ahead of elections in early May, stating the sector’s “crucial…

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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 recovery dampened by Omicron as December takes £3bn hit

The hospitality sector has suffered “devastating” sales falls in the last week of the year, according to the latest pub,…

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Hospitality investment increases 9% in Q3

Business investment in the hospitality industry rose 8.9% on an annual basis in the third quarter of last year as…

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