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.
-
Jun- 2020 -23 JuneRestaurants
Eviction moratorium for hospitality must be extended, says Blick Rothenberg
Tax and advisory firm Blick Rothenberg urged the chancellor of the Exchequer Rishi Sunak to extend his moratorium on evictions into 2021. Mark Hart, a partner at the firm, said many businesses will “struggle with payments” this month, and that this is the first rent quarter since lockdown began with…
Read More » -
22 JuneCoronavirus
Chancellor mulls VAT cut but could follow up with autumn tax rises
Chancellor Rishi Sunak is reportedly considering cutting VAT in order to help stimulate the economy but could follow the move up with a set of Autumn tax rises. According to the Financial Times, Sunak is planning deferred tax rises and cuts to public spending in his autumn Budget as a…
Read More » -
8 JuneCoronavirus
MPs set 22 June as target date for partial reopening of pubs and restaurants
Ministers are reportedly targeting 22 June as the date they hope to allow pubs and restaurants to open in some form. According to the Financial Times the government is aiming for the date to allow pub gardens and restaurants with outdoor spaces to be among the first in hospitality to…
Read More » -
1 JuneCoronavirus
All pubs will need to be open for tapered furlough to work, says BBPA
The British Beer and Pub Association (BBPA) has welcomed some aspects of the new furlough scheme announced by Chancellor Rishi Sunak, including the additional flexibility and gradual tapering from August. However, the trade association has warned that for the tapered support to work, all pubs need to be open and…
Read More » -
May- 2020 -29 MayPubs and Bars
Hospitality sector urges Sunak to maintain furlough scheme at 80% til October
The British Beer and Pub Association (BBPA), British Institute of Innkeeping (BII) and UKHospitality (UKH) have called on the chancellor to extend the Job Retention Scheme to October and increase its flexibility for the pub and hospitality sectors. In a letter to Rishi Sunak, the trade bodies have urged the…
Read More » -
13 MayCoronavirus
Hospitality reacts to furlough scheme extension
The hospitality industry has reacted to the chancellor’s announcement yesterday that he was to extend the government’s furlough scheme to the end of October calling it a “sensible and timely” move that has “prevented thousands of redundancies”. Yesterday (12 May) Rishi Sunak revealed that “no changes whatsoever” will be made…
Read More » -
12 MayCoronavirus
Chancellor extends furlough scheme until October
Chancellor of the Exchequer Rishi Sunak has extended the Government’s furlough scheme until the end of October. Announcing the decision in the house of commons today (12 May) Sunak revealed that “no changes whatsoever” will be made to the current scheme until the end of July. However he noted that…
Read More » -
12 MayCoronavirus
Chancellor expected to extend furlough scheme to September
Chancellor of the exchequer Rishi Sunak is expected to extend the Government’s coronavirus furlough scheme to September, but reduce the amount people can claim to 60% of their earnings. According to Sky News, the move aims to prevent some 1.2 million redundancies, and comes after Sunak promised there would not…
Read More » -
12 MayCoronavirus
Pubs, hospitality and brewers call on chancellor to save the future of pubs
Trade associations representing pubs, hospitality and brewers have sent a joint letter to chancellor Rishi Sunak calling for measures to save the future of pubs. In the letter, The British Beer and Pub Association, British Institute of Innkeepers and UK Hospitality, who between them represent owners and operators of 35,000…
Read More » -
5 MayCoronavirus
Chancellor promises no ‘cliff-edge’ end to furlough scheme
Chancellor Rishi Sunak has promised there will not be a “cliff-edge” end to the Government’s furlough scheme. Speaking to ITV News, Sunak attempted to reassure a number of business groups who warned of the potential of mass redundancies if the scheme was to suddenly end and not be extended in…
Read More »