VAT

Over 1,200 pubs will likely shut down this year, CAMRA says

Over 1,200 pubs will likely be shuttered this year, compared to around 1000 in 2023, and just over 800 in…

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Pubs outperform licensed sector despite ‘disappointing’ weather

Managed pubs have outperformed the licensed sector as a whole in August, with year-on-year growth of 2.9% despite disappointing weather,…

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UKHospitality calls for permanent, lower multiplier to avoid high business rates

UKHospitality is calling for a permanent, lower hospitality multiplier to avoid sky-rocketing business rates bills for thousands of hospitality businesses…

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Hospitality insolvencies rise 13% in June

The number of hospitality businesses entering insolvencies has risen by 13% between May and June this year, as operators struggle…

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Hospitality unites to support business rates reform

A number of hospitality trade organisations have united to call for reform to the business rates model. UKHospitality (UKH), the…

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UKH: ‘Labour needs to deliver on its commitments, and quick’

UKHospitality chief executive Kate Nicholls has said that “we need to see Labour deliver on its commitments, and quick,” after…

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Hospitality groups report 3.6% growth in May

Hospitality groups across Britain achieved year-on-year sales growth of 3.6% in May 2024, despite “disappointing” weather and the ongoing effects…

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‘Back hospitality to serve Britain’, UKH urges

UKHospitality plans to call on all political parties to give their backing to the sector at its annual summer conference,…

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Today’s news in brief – 31/05/24

Revolution Bars has ended its formal sales process after it did not receive any proposals relating to the acquisition of…

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Increased VAT has restaurants worried about survival, says RAI

More than nine-in-10 respondents have said that the reduced VAT rate of 9% for the food-led hospitality sector, which increased…

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