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.

Oct- 2018 -

11 October

Beverages

Wine and spirit sales in UK pubs reach almost £6bn

New research has found that wine and spirit sales in UK pubs has reached almost £6bn with the beverages making up 36% of all Uk pub sales. The research by CGA Strategy on the behalf of the Wine and Spirit Trade association also found that spirits and wine made up…
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Jul- 2018 -

9 July

Government

UK Treasury rejects business rates reform calls

The UK Treasury has today rejected calls from retailers and restaurants who say business rates should be reformed to create a level playing field with online retailers. During a meeting of parliament’s Treasury Select Committee, chancellor Philip Hammond said reforming international corporation tax was a higher priority for the government,…
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