Hospitality firms plead for energy bill support to survive ‘dire’ situation worse than pandemic August 16, 2022 A host of hospitality and small business bodies yesterday warned that many pubs, restaurants and hotels will not survive the “onslaught” of higher energy costs in the coming months. Representative bodies including UK Hospitality warned politicians that unlike domestic customers, rates are not capped for small businesses. Last week analysts at forecaster Cornwall Insight suggested [...]
Sophy Ridge: My advice to politicians? Just answer the question. September 4, 2023 Sophy Ridge has set the Westminster agenda with hard-hitting interviews. She tells City A.M. her golden rule.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.
Autumn Statement: Five things to look out for, from rabbits and taxes to pubs and cuts November 22, 2023 Chancellor Jeremy Hunt will today unveil the Autumn Statement. City A.M. has broken down our top five things to watch out for.
Hospitality body calls for compromise over energy bills as firms face winding-up orders December 5, 2022 Energy firms should offer compromise solutions if business customers are struggling, argued the hospitality trade body’s chief.
Hospitality pleads Chancellor for support amid ‘deja vu’ of mass cancellations reminiscent of March 2020 December 16, 2021 Pubs and restaurants have condemned the Chancellor’s “silence” over support measures for businesses after mass cancellations amid a surge in Omicron Covid cases. England’s chief medical officer, Chris Whitty, said the public should be considering “de-prioritising” certain social events in order to ensure they can visit family at Christmas. Fears of the highly transmissible Omicron [...]
UK economy shrugs off recession risk after growing faster than expected August 11, 2023 The UK grew faster than expected in the second quarter of the year as the economy proved itself more resilient to rising rates than many had expected, helping to reduce the risk of recession. Across the second quarter, the economy grew 0.2 per cent following a 0.1 per cent expansion in the first quarter, the [...]
Just Stop Oil protests should not justify carte blanche powers to the police December 5, 2022 You would need the patience of a saint, or a dyed-in-the-wool eco-warrior, not to have been even slightly irritated by the recent activities of Just Stop Oil protestors. Whether it’s young people throwing soup over some of the world’s most valuable paintings or twenty-eight-year-old Indigo Rumbelow reduced to yelling at a television interviewer, these are [...]
Pubs and restaurants swallow £10,000 losses in week before Christmas December 29, 2021 Hospitality venues lost more than £10,000 on average in the week before Christmas, the latest data has revealed. Christmas Day takings plunged 60 per cent for pubs, bars and restaurants, industry body UKHospitality found, as the latest Covid-19 wave saw ministers urging a cautious Christmas. London’s hospitality scene has been hit the hardest, the industry [...]
Restaurateurs grapple with food costs as dairy prices spike July 20, 2022 Restaurateurs are being forced to fork out more and more to create Brits’ favourite dishes, with the sharpest price hikes among dairy, grains and meat. Dairy costs have surged the most, with increases of up to 40 per cent, according to data from around one thousand pubs and restaurants collected by Fourth. Grains, including pasta [...]