Sajid Javid
Covers political and policy updates involving the former UK government minister, with a focus on decisions and initiatives affecting the hospitality and foodservice sectors. Coverage includes commentary on economic policy, taxation, business regulation, and public health measures, alongside analysis of how his contributions and positions influence operators, investors, and the wider industry landscape.
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Sep- 2021 -13 SeptemberCoronavirus
Gov set to ditch vaccine passport plan
Plans to introduce vaccine passports for access into nightclubs and large events in England will not go ahead, the health secretary, Sajid Javid, has told the BBC. It was thought the plan was set to be introduced at the end of the month, despite drawing criticism from venues and MPs. …
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Aug- 2021 -3 AugustCoronavirus
UKH welcomes NHS ‘ping’ changes, but calls for additional measures
UKHospitality has welcomed the recent Government announcement that the NHS Covid-19 app has been updated to “ping” fewer contacts, but has called for additional measures. The Department of Health and Social Care released a statement yesterday (2 August) stating that those being contacted by the app to self-isolate has been…
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Jul- 2021 -7 JulyTrade Associations
New self-isolation rules ‘don’t go far enough’, says UKH
UKHospitality (UKH) has criticised the government’s updated rules for self-isolation as part of its roadmap out of lockdown, arguing the new rules do not move quickly enough, nor deal with the industry’s staff shortage crisis. Yesterday (6 July), health secretary Sajid Javid confirmed that double vaccinated people will no longer…
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Feb- 2020 -18 FebruaryBusiness Bites
HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’
HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results. Profits have fallen by 33% year on year and that is before the impact of the coronavirus can even be fully measured in Q1 and the months to come. The…
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14 FebruaryBusiness Bites
German stagnation, Javid out, RBS gets environmental, Norton no-show
The German economy has stagnated due to significant falls in spending and exports. New figures show that GDP ‘flat lined’ (financial jargon for neither growing nor contracting) in the final quarter of 2019, bad news since economists and analysts had hoped that it would grow about 0.1%. It means Germany’s…
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13 FebruaryRestaurants
Sales rise at pubs, bars and restaurants in January
Britain’s managed pub, bar and restaurant sector saw collective like-for-like sales increase by 1.9% in January, according to the latest figures from the Coffer Peach Business Tracker. Karl Chessell, director of CGA, the business insight consultancy that produces the Tracker, in partnership with The Coffer Group and RSM, said “reasonably…
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11 FebruaryBusiness Bites
Yes, the trade barriers are coming
I think both Leavers and Remainers probably expected this in the long run – Michael Gove announced yesterday that businesses should “accept” that frictionless trade with the EU will be impossible whatever agreement is finally reached by the deadline of 31 December this year. This is the cost, he says, of making…
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Jan- 2020 -22 JanuaryBusiness Bites
Ted Baker hanging by a thread amid £58m balance sheet black hole
If you have shares in Ted Baker, you are probably not having a good morning. The price has tanked by almost 7% after news broke that the fashion brand has found a £58m black hole in its accounts. There’s being a few hundred thousand or a few million short, but…
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14 JanuaryBusiness Bites
Javid mulls three-year passenger duty holiday for Flybe
Things are not looking rosy for low-cost airline, Flybe, but the chancellor Sajid Javid may have some proposals that save it from complete collapse. It is reported this morning that he is considering cutting air passenger duty on all domestic flights – a big boon for all the other airlines…
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Sep- 2019 -23 SeptemberBusiness
Bailiffs visit 310 premises a day over business rates, study finds
Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation by the real estate adviser Altus Group revealed that, during the last financial year, for 2018/19, over 78,000 non-domestic properties from shops to restaurants to pubs to factories to offices…
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