Treasury

Reporting covers fiscal policy, taxation, funding schemes, and economic measures introduced or influenced by HM Treasury that directly affect UK hospitality and foodservice businesses. Coverage includes Budget announcements, VAT and duty changes, business rates policy, and support schemes, offering essential context and guidance for operators navigating the financial and regulatory landscape.

  • Jul- 2025 -
    17 July
    BusinessHospitality hit hardest by job losses, ONS data shows

    Hospitality hit hardest by job losses, ONS data shows

    Hospitality has been the hardest hit sector of the economy since the Budget, accounting for nearly half (45%) of all job losses, according to data from the Office for National Statistics. The data shows that hospitality has now lost 84,000 jobs since the budget, an increase of 13,000 job losses…

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  • May- 2025 -
    27 May
    Regulations & PoliciesHospitality leaders urge EPR delay over cost and investment fears

    Hospitality leaders urge EPR delay over cost and investment fears

    Leading pub, hospitality and brewing bodies have said they are “deeply concerned” about the cost and impact of EPR, and Defra’s lack of progress to solve the issue. In a letter to the prime minister and chancellor, the coalition said it does not believe Defra has given “due regard” to…

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  • Apr- 2025 -
    1 April
    GovernmentUKH urges Gov to work with hospitality as ‘eyewatering’ £3.4bn costs hit

    UKH urges Gov to work with hospitality as ‘eyewatering’ £3.4bn costs hit

    UKHospitality has urged the government to work with hospitality to help bring growth and jobs back to the sector on the day (1 April) that £3.4bn of new annual costs hit the sector. It comes as hospitality businesses will now face an additional £1.9bn in wage costs, £1bn of employer…

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  • Mar- 2025 -
    31 March
    News-In-BriefToday’s news in brief – 31/03/25

    Today’s news in brief – 31/03/25

    Kerb has seen its trader revenues rise by 37% to over £32m in 2024, up from £23.5m a year prior. This marks an 89% increase since 2022 when it first generated £17m in revenues for its food stalls. Kerb’s flagship food hall, Seven Dials Market, has welcomed on average 30,000…

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  • 31 March
    BusinessUKH calls for Government hospitality plan amid rising costs

    UKH calls for Government hospitality plan amid rising costs

    UKHospitality has called on the Government to bring forward a plan for hospitality businesses that “enables the sector to unlock growth and jobs” as new costs hit the sector. It believes that this should include the Treasury ensuring its business rates reform, to be unveiled in the Autumn, offers the…

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  • 12 March
    GovernmentUKH calls for delay to employer NICs threshold changes

    UKH calls for delay to employer NICs threshold changes

    UKHospitality has called for the government to delay the reduction in the employer NICs threshold after hospitality business confidence hit a two-year low. Only 14% of businesses feel optimistic about the hospitality market, according to research from CGA by NIQ’s Business Confidence survey. UKH claimed that the change to employer…

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  • Dec- 2024 -
    17 December
    News-In-BriefToday’s news in brief – 17/12/24

    Today’s news in brief – 17/12/24

    Sales of pints in December could generate turnover of around £1.4bn, says the BBPA. This comes as the association believes that almost 300 million pints could be sold in pubs in December. As a result, the beer and pub sector is expected to pour a total of £3.3bn in GVA…

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  • 17 December
    Pubs and BarsXmas pint sales to generate £1.4bn, BBPA finds

    Xmas pint sales to generate £1.4bn, BBPA finds

    Sales of pints in December could generate turnover of around £1.4bn, according to data from the British Beer and Pubs Association (BBPA). This comes as almost 300 million pints could be sold in pubs in December, with the beer and pub sector expected to pour a total of £3.3bn in…

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  • Jan- 2024 -
    2 January
    Trade AssociationsUKH sets out plan for 2024

    UKH sets out plan for 2024

    UKHospitality has unveiled a three-point plan which it will focus on in 2024 to put hospitality at the “front and centre of policy making” ahead of the next General Election. The plan includes generating investment through root and branch reform of business rates, creating jobs through Apprenticeship Levy reform and…

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  • Nov- 2023 -
    13 November
    Cafes and Coffee ShopsLoungers roll-out continues with four new sites

    Loungers roll-out continues with four new sites

    Loungers, a UK-based café, bar and restaurant operator under the Lounge, Cosy Club and Brightside brands, has revealed that its accelerated site roll-out plan remains firmly on track, with the launch of four new sites since it announced its landmark 200th Lounge opening on 13 September 2023. The three new…

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