GDP

UKH calls for VAT and rates support after ‘worst year on record’

UKHospitality has called for a further extension of VAT and business rates support from the government after the “worst year…

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UK GDP shrinks by 2.6%

GDP declined by 2.6% in November 2020 as government restrictions reduced economic activity, the latest ONS figures reveal. Figures released by the…

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Hospitality restrictions have halved economic growth, UKH claims

UKHospitality has claimed that restrictions on the country’s hospitality sector have almost halved the UK’s economic growth, with the situation…

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Hospitality sector demands ‘clarity’ amid closure rumours

Hospitality workers in the North of England are requesting clarity from UK government officials following news that restaurants and bars…

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GDP to contract £15.3bn each year if home working persists

Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP…

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HMRC and Covid-19: One hand giveth, the other taketh away

One hand giveth HMRC was responsible for overseeing and implementing the Government’s Coronavirus Job Retention Scheme (“CJRS”) and other furlough…

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Record economic growth anticipated for Q3

The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp…

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UK in recession following 20% GDP slump

The UK economy has entered into a “technical recession” following a “record” fall in gross domestic product (GDP) during the…

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Managing waste in the hospitality industry

With more than 127, 000 hospitality employing more than 3.2 million people, it should come as no surprise that the…

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Hospitality trade bodies outline ‘road to recovery’

A new report from UKHospitality and CGA has revealed the scale of impact Covid has had on the hospitality sector,…

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