Campaign group #Save Britain’s Pubs has launched a petition urging the government to introduce emergency measures to help curb the decline of the nation’s public houses.
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Data from the British Chambers of Commerce (BCC) can reveal that 63% of small and medium enterprises (SMEs) saw taxation as their primary business challenge. The data, which was gathered following the Autumn Budget, represents an increase compared to Q3 of 2024 when 48% of business owners saw it as their primary challenge.
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The changes to employer national insurance contributions (NICs) will see more than 774,000 workers newly eligible for the contributions. This figure represents almost 63% of workers who were previously ineligible. UKHospitality predicts this could cost the hospitality sector up to £1bn.
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The Scottish government has announced that it will introduce 40% business rates relief for hospitality businesses in a move which looks to ease the burden on a struggling sector. However, not everyone will benefit.
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Key stakeholders in Scotland’s hospitality and retail sectors have warned of dire consequences unless the government delivers “urgent reform” in the forthcoming Budget.
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New data published by the Office for National Statistics (ONS) has revealed that average weekly earnings in the food and accommodation sector continue to spiral, exacerbating the financial woes of hospitality businesses nationwide.
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Leading members of the UK's hospitality sector have written to the Chancellor, warning of “business closures, job losses and cancelled investment” unless immediate action is taken.
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Confidence among Britain’s hospitality leaders has plunged as sector challenges deepen, with CGA by NIQ’s latest Business Confidence Survey revealing worsening sentiment amid squeezed margins and reduced consumer spending.
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An outcry has erupted from the trade following yesterday’s Autumn Budget, which led to disappointment on many fronts, including a measly 1p off draught beer, further rises to duty for wine and a lowered rate of business rates relief which has been described a kick in the teeth to businesses.
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Industrial action across the rail network from Friday 5 April to Monday 8 April is estimated to cost the hospitality sector £387m, according to UKhospitality.
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The government has announced a Job Retention Bonus to support furloughed employees and businesses back into work.
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