Bank of England
News
Interest rate hike piles ‘even more pressure’ on hospitality
22 June 2023 by Jungmin Seo
The Bank of England has raised interest rates to 5% amid growing concerns this will put "even more pressure" on hospitality.
News
UKHospitality hits back at Bank of England plea for businesses not to increase prices
24 March 2023 by Emma Lake
UKHospitality has hit back at the Bank of England governor’s call for businesses not to increase prices, something it claims is “simply impossible if we want to have a viable hospitality sector left in a year’s time”.
News
Interest rate rise demonstrates ‘acute need for further support’ for hospitality
22 September 2022 by Jungmin Seo
News
Rise in interest rates could be 'final straw' for some hospitality businesses
04 August 2022 by Sophie Witts