Turnover for the hospitality sector dropped to less than half of 2019 levels in 2020, slipping by almost £72bn, which translates to nearly £200m a day, according to the latest edition of the UK Hospitality (UKH) and CGA Quarterly Tracker.
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A treasury minister has said there are “no current plans” to further extend the reduction in VAT for hospitality businesses despite estimates that rising rates could directly and permanently impact the sector and lead to the loss of up to 310,000 jobs.
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GDP figures for November, released last Friday, have highlighted the impact of hospitality on the UK’s economy and made the case for the sector to be “at the heart of reopening plans”, UK Hospitality (UKH) has said.
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The debate on whether to create a minister for hospitality in the UK government showed cross-party support for the struggling sector, with an overwhelmingly positive response from all corners.
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UK Hospitality (UKH) has called for a road map to recovery and has committed to assisting the vaccine roll-out.
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UK Hospitality (UKH) CEO Kate Nicholls has been awarded the Order of the British Empire (OBE) in the New Year Honours list for her services to the hospitality sector.
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UK Hospitality (UKH) has called for the establishment of a Hospitality and Tourism Recovery Fund to support hospitality businesses that have not received any grant support and are at risk of closure.
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UK Hospitality (UKH) and the British Institute of Innkeeping (BII) have called on the government to “revamp and simplify” the system of alcohol duty in order to boost businesses and deliver on the government’s public health initiatives.
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Trade bodies have called for an adaptation of Tier restrictions as they warn almost three quarters of hospitality businesses could close without further government support.
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UK Hospitality (UKH) has reiterated the need for additional support for the hospitality industry as ONS stats released today revealed that the UK unemployment rate has reached a four-year high.
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UK Hospitality (UKH) has welcomed the “pragmatic decision” to allow restaurants, bars and pubs to sell pre-ordered takeaway alcohol sales during lockdown 2.0.
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There’s no escaping the imminent impact of lockdown 2.0 on on-trade Christmas sales, even if we go back to the tiered system in December.
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Sales in hospitality dropped by 48% in the third quarter of 2020, according to the latest Quarterly Tracker from UK Hospitality (UKH) and CGA.
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UK Hospitality (UKH) Cymru has warned that further support is needed if the industry to survive the winter.
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UK Hospitality (UKH) has released research suggesting that there is a low level of transmissions of Covid-19 in the hospitality sector.
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Hospitality faces 750,000 job losses without urgent government support, according to the latest research conducted by CGA for UK Hospitality (UKH), the British Institute of Innkeeping (BII) and the British Beer & Pub Association (BBPA).
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Kate Nicholls, CEO of UK Hospitality (UKH), has warned that 200,000 hospitality jobs could be lost this weekend alone in central London as new Tier 2 restrictions are implemented.
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UK Hospitality (UKH) has warned that the £40m pot of financial support provided by the Scottish government is not enough to keep the hospitality industry alive.
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UK Hospitality (UKH) has welcomed the new support for closed hospitality businesses but said that support for others must go further, repeating its call for a much more comprehensive package of support for the whole sector to cover rent and other overheads.
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Ahead of a possible vote in Parliament tomorrow, UK Hospitality (UKH) has urged MPs to rethink the 10pm curfew which is crippling hospitality businesses.
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