Budget

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Conservative MP urges chancellor to ‘do the maths’ and halve VAT

17 March 2023 by

A Conservative MP has called on the chancellor to “do the maths” and reduce VAT on hospitality businesses to 10% after the Spring Budget failed to address the issue.

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Lack of business energy support in Spring Budget leaves industry in ‘unsustainable predicament’

15 March 2023 by

Hospitality businesses have expressed their disappointment that the Spring Budget failed to recognise immediate concerns over rising energy bills.

Operators will be 'left facing collapse' after chancellor fails to deliver hospitality support News

Operators will be 'left facing collapse' after chancellor fails to deliver hospitality support

17 November 2022 by

Hospitality operators have accused the chancellor of failing to do "anything of any consequence" for independent[...]

Hospitality operators react to ‘bizarre’ mini budget that leaves the sector ‘in the cold’ News

Hospitality operators react to ‘bizarre’ mini budget that leaves the sector ‘in the cold’

23 September 2022 by

Hospitality businesses have expressed disappointment at the measures announced in Chancellor Kwasi Kwarteng’s mini budget, which[...]

The impact of the March budget and inflation on the hospitality and leisure sector Business

The impact of the March budget and inflation on the hospitality and leisure sector

27 May 2022 by

Considering the impact of the Budget in March along with the latest inflation statistics, what has[...]

Budget 2021: Chancellor announces hospitality business rates discount and alcohol duty reform News

Budget 2021: Chancellor announces hospitality business rates discount and alcohol duty reform

27 October 2021 by

Chancellor Rishi Sunak announced a business rates discount for the hospitality sector this afternoon as well[...]

Wholesale reform of business rates ‘shelved until later date’ News

Wholesale reform of business rates ‘shelved until later date’

14 October 2021

Wholesale reform of the business rates system has been “shelved until a later date”, according to a report in The Telegraph today.

Budget: service support sector 'totally overlooked' Products

Budget: service support sector 'totally overlooked'

04 March 2021

Following the announcements made in chancellor Rishi Sunak’s Budget yesterday, hospitality trade associations the Foodservice Equipment Association (FEA) and Textile Services Association (TSA) have continued to call for more support.

Budget delivers ‘crucial support at a critical time’ – but long-term solutions lacking News

Budget delivers ‘crucial support at a critical time’ – but long-term solutions lacking

The hospitality sector has broadly welcomed the chancellor’s Budget this afternoon, which delivered extensions to the[...]

Budget: Chancellor extends business rates and VAT cuts News

Budget: Chancellor extends business rates and VAT cuts

03 March 2021 by

Chancellor Rishi Sunak confirmed in his Budget this afternoon that the business rates holiday and the[...]

Budget is 'last chance saloon' for night-time economy News

Budget is 'last chance saloon' for night-time economy

03 March 2021 by

Today’s Budget announcement is the "last chance saloon" for many late-night businesses which have been unable[...]

Six things to look out for in Rishi Sunak’s Budget today for hospitality News

Six things to look out for in Rishi Sunak’s Budget today for hospitality

03 March 2021 by

Chancellor Rishi Sunak is to confirm today what measures he will put in place to protect[...]

Budget to include £150m to allow communities to take over pubs News

Budget to include £150m to allow communities to take over pubs

02 March 2021

In tomorrow’s Budget, the Chancellor is expected to announce that community groups will be given up to £250,000 to take over struggling pubs in their area.

BEIS committee calls for government to address growing commercial rent arrears News

BEIS committee calls for government to address growing commercial rent arrears

01 March 2021

The Business, Energy and Industrial Strategy (BEIS) committee has called for the government to address growing commercial rent arrears in a report that says the issue is “jeopardising” many businesses’ prospects of long-term recovery.

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