Treasury

Hospitality can deliver £29bn economic boost with right support, says UKH

In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new…

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Spring Budget: Corporation tax to rise to 25%

Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part of a…

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Gov confirms alcohol duty freeze extension

The government has announced that the freeze on alcohol duty has been extended for a further six months to 1…

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HospoDemo to stage third protest as it urges gov to prevent closures

The hospitality industry is set to stage its third protest next month at Parliament Square, urging the government to make…

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Liz Truss steps down as prime minister 

Liz Truss has announced that she is standing as prime minister after a turbulent week for the government, just six…

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Chancellor reverses almost all mini-budget tax cuts

Newly appointed chancellor Jeremy Hunt has reversed almost all of the mini-budget commitments made by previous chancellor Kwasi Kwarteng last…

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Chancellor announces sweeping tax cuts in first mini-budget

Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as…

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13 Spring Statement predictions

With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only…

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Over 250 hospitality leaders call for VAT to be held at 12.5%

More than 250 business leaders from hospitality and leisure have written to the chancellor, Rishi Sunak, urging the Government to…

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Industry calls on gov to scrap over-taxation of beer and pubs

Trade bodies representing UK brewers, publicans, and beer enthusiasts are calling on the Treasury to reexamine the tax burden currently…

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