A VAT break on booze would allow entrepreneurs to rebuild British high streets Hospitality employs 9 per cent of the UK’s workforce. Or perhaps ‘did employ’ is a more accurate phrase. Undoubtedly, there will be more redundancies within this sector – at a phenomenal cost, ultimately, to the taxpayer. We all know that hospitality has been one of the worst hit sectors in the economy as a result [...]
CBILs failings are leading us to catastrophe Ranald Macdonald is a restaurateur and Managing Director of Boisdale Group The UK is sleepwalking into a financial disaster of biblical proportions that will exacerbate the economic effects of Covid many times over. Other leading nations, like Germany, the US and France, will avoid this calamity as they have been far more successful in ensuring [...]
Coronavirus hits hospitality: Loan scheme leaves restaurants high and dry Ranald MacDonald is Managing Director of Boisdale’s Restaurants In newspapers, so I’m told, a cracking story is known as a “marmalade dropper,” so named because it stops you – and indeed your toast – in your tracks. And that’s exactly what Rishi Sunak’s announcement of a £330bn rescue package for British business to get through [...]