Pizza Pilgrims’ co-founder on creating the perfect base for strong growth hospitality Pizza Pilgrim's co-founder Thom Elliot has hospitality in his veins. In just over a decade, he and his brother James have gone from growing up above a pub in Cornwall to opening their 25th pizzeria this November.
Business will be looking at where taxes are going, not just where they are Opinion Tomorrow’s Budget announcements will capture immediate attention, but it’s the tax roadmap that could have the most enduring impact, says Chris Sanger The government’s decision to publish a corporate tax roadmap in this week’s Budget is intended to strengthen the UK’s economic foundations and attractiveness as a destination for capital. This move comes at a [...]
Wetherspoons and Pizza Pilgrims bosses call for business rates relief ahead of budget hospitality Hundreds of UK hospitality groups and pubs have called for permanent action on business rates relief ahead of the Autumn Budget. In an open letter to Rachel Reeves, the hospitality bosses called for permanent action with the extension and lowering of business rates relief for the sector. It included 170 signatures from various high street [...]
1,500 City of London retailers set for surprise tax cut after ruling October 9, 2024 More than 1,500 retail shops in the City of London could see their tax bill slashed after a tribunal ruled a Cheapside store was paying too much in business rates. The Valuation Tribunal for England ruled that the rateable value applied to the main space of a City of London shop by the Valuation Office [...]
Retail bosses urge Chancellor to reform business rates to boost growth October 7, 2024 The letter, co-ordinated by the British Retail Consortium (BRC), argued the retail industry paid 7.4 per cent of all business taxes when it only made up five per cent of the overall economy.
Pubs face ‘double whammy’ of tax hikes as hundreds call last orders for good September 23, 2024 Around 50 pubs per month ‘vanished’ from England and Wales in the first half of the year as hospitality struggled with costs and tax rates. The overall number of pubs in England and Wales, including those vacant and being offered to let, fell to 39,096 at the end of the first half of 2024, down [...]
Retail group calls for ‘rates corrector’ in next Budget September 13, 2024 High business rates and other bills have led to an overtaxing of the retail industry compared to its size in terms of GDP, according to fresh data. The British Retail Consortium found that retail pays 7.4 per cent of all business taxes – £33bn – a share 1.5 times greater than its share of the [...]
Sainsbury’s: Business rates ‘nothing more than an unfair tax on shops’ August 12, 2024 Sainsbury’s has urged the government to cut business rates and warned that failure to act could lead to over 17,000 shop closures over the next decade. It has called for a rate cut of 20 per cent in a bid to revitalise the high street and protect jobs. Not only would this project jobs, the [...]
Heathrow faces near billion-pound rates time bomb June 16, 2024 Heathrow has been engaged in private discussions with Whitehall officials as the airport braces for a £900m business rates bill that could be passed on to passengers.
Oxford Street retailers call for ‘comprehensive’ reform to business rates June 10, 2024 A business group that represents dozens of major retailers on London’s Oxford Street has called for a “comprehensive” reform to business rates to boost Britain's high streets.