Rishi Sunak
Coverage focuses on government policy, fiscal decisions, and public statements affecting the UK hospitality and foodservice sector, as shaped by the former Chancellor and Prime Minister. From Budget announcements and VAT policy to business rates, inflation, staffing, and energy support, reporting examines how leadership decisions impact restaurant groups, pub operators, caterers, and hospitality businesses across the country.
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Oct- 2021 -18 OctoberVenues & Properties
Growing consumer confidence boosts September sales, CGA reveals
Managed restaurant, pub and bar groups saw September total sales increase 42% compared with 2020, according to the latest edition of the Coffer CGA Business Tracker. Trading was boosted by growing consumer confidence about safety and spending, good weather in many areas and ongoing staycations. The tracker, produced by CGA…
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7 OctoberTrade Associations
UKH calls for lower VAT rate in new campaign
UK Hospitality has announced a new campaign #VATsEnough which is aimed at calling on the Chancellor Rishi Sunak to make the 12.5% VAT rate permanent for hospitality and tourism. While the Treasury’s decision last year to reduce VAT for these sectors helped many venues survive the crisis, under current plans…
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1 OctoberTrade Associations
UK trade bodies call for lower rate of VAT, amid 12.5% rise
UK Hospitality alongside other trade associations have joined forces to call on the chancellor, Rishi Sunak, to introduce a permanent lower rate of VAT. Under treasury plans, hospitality and tourism VAT is expected to rise to 12.5% from today (1 October) and will return to its pre-pandemic level of 20%…
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Jun- 2021 -30 JuneComment
Flexi-apprenticeships are the answer to the dwindling hospitality workforce
Whether it was a quick bite at a café, a meal at a restaurant, or a pint at the pub, customers were quick to return to their favourite bars and eateries when indoor hospitality was allowed to reopen in May. However, while this surge in bookings has contributed to the UK’s…
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15 JuneCoronavirus
Sunak to reject furlough extension calls despite ‘freedom day’ delay
Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report to businesses despite the prime minister announcing a four-week delay to the lifting of restrictions. According to the Guardian, sources close to the chancellor have said that he believes sufficient…
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May- 2021 -19 MayPubs and Bars
Six pubs ‘vanished’ a week during pandemic
Around six pubs “vanished” a week in the UK during the coronavirus pandemic, according to real estate adviser Altus Group. The group states the pubs were either demolished or converted into offices and homes over the lockdown period. At the time of the first lockdown last year (20 March 2020),…
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10 MayBusiness
UKH calls on gov to improves capital access for businesses
UKHospitality is calling on chancellor Rishi Sunak for further support by improving access to capital for businesses and sticking to the government’s roadmap of lifting restrictions after 21 June 2021. The latest data from CGA’s Drinks Recovery Tracker showed that during the Bank Holiday weekend, many operators and drinks sales…
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Mar- 2021 -9 MarchFeatures
Government signals sunny days ahead for the hospitality industry
Over the past two weeks the government has shone a ray of light upon what was building towards a foreboding number of months ahead for the hospitality sector. However, do Boris Johnson’s “roadmap” to recovery and Rishi Sunak’s budget announcement entail a season of Spring sunshine or April showers ahead…
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4 MarchTrade Associations
Hospitality industry welcomes budget package
The UK hospitality industry has responded warmly to the confirmation of financial support in the government’s budget for this year. Yesterday (3 March), chancellor Rishi Sunak announced a £65bn support package for the economy as the country prepares to leave lockdown restrictions in April. Under the new budget, hospitality and…
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3 MarchGovernment
Budget 2021: Chancellor unveils new £65bn support package
Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget, confirming the decision to extend the furlough scheme until the end of September as well as new loan schemes of up to £10m for businesses. In what is Sunak’s second budget since he joined office in…
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