VAT

Loungers revenues rise by 53% in H1

Loungers has reported that it is “well-placed” to out-perform during a recession as its revenues grew by 53% in the…

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Chancellor freezes tax thresholds in Autumn statement

Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax…

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Youngs revenues rise 25% as ‘normal’ trading returns

Young’s has seen revenues rise by 24.7% to £186.5m in the half-year ended 26 September, as the group welcomed a…

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Domino’s sales rise 19% on 2019 but deliveries down in Q3

Domino’s has revealed that its total system sales were up +19.6% in Q3 2022, compared with the same period in…

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Third of hospitality businesses at risk of going bust amid soaring costs

Over a third of the UK’s hospitality sector is at risk of business failure in early 2023 due to soaring…

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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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Hospitality loses 2,200 sites in three months amid cost challenges

Britain’s hospitality sector saw a net decline of one closure every hour in the third quarter of 2022, including pubs,…

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Hospitality driving recovery in cities post-Covid, CGA finds

The hospitality sector is driving the economic recovery of major cities post-pandemic, with Birmingham reported as the most vibrant city…

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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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UKH welcomes Energy Prices Bill

UKHospitality chief executive Kate Nicholls has welcomed the Government’s new Energy Prices Bill adding that it will provide “relief to…

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