There are deep concerns across the hospitality sector about the impact of the government’s latest lockdown measures for England which were announced on Saturday evening by the prime minister.
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The WSTA has warned that the threat of VI-1 forms is still "very real", saying that the policy, not just the timing, still needs to change.
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The success of the government’s Eat Out to Help Out scheme in August helped push the UK inflation rate to a five-year low, according to data from the ONS.
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Miles Beale, chief executive of the Wine and Spirit Trade Association (WSTA) has highlighted the potential of an upcoming government review into excise duty, which could have a major impact on the robustness of the industry to face challenging times.
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Nearly a quarter of Britain’s licensed premises were still to reopen at the end of August, with the London market particularly slow to recover, new data has shown.
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With hospitality one of the hardest hit sectors in the wake of the pandemic, the head of the leading trade organisation has no end of crucial issues to deal with. Kate Nicholls talks strategy to Lisa Riley
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The government has released new guidance for businesses on the Eat Out to Help Out Scheme, which will enable bars and restaurants to claim back customer-facing discounts from 7 August.
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Chancellor Rishi Sunak has announced a major cut to VAT for the hospitality and tourism sectors as they emerge from lockdown, as well as a first of its kind government-backed discount to help encourage customers to get back to the nation's bars, pubs, restaurants and cafes.
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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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The Covid-19 outbreak is causing serious damage to the UK’s wine industry, according to a survey of its members commissioned by Wines of Great Britain.
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Companies are calling on the government to reassess its package of relief support which they say doesn't go far enough, fast enough, to help cash-strapped businesses through these turbulent times.
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Information for businesses on how to access the Chancellor's various support packages can be found at www.gov.uk
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As the on-trade shuts down, suppliers and hospitality operators are continuing to press government and banks on the speed with which relief measures are needed by the trade.
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Duty on wines, spirits and beers is to be frozen, new Chancellor Rishi Sunak announced in today’s budget, allaying trade fears of another rise in line with inflation.
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EU producers should lobby in tandem with UK importers for the best mutual outcome, stresses Harpers’ Brexit panel at Wine Paris
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Rathfinny has launched its first ever en primeur campaign via its Classic Cuvée, which is being positioned as a more accessible entry point to the Sussex estate’s premium range.
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The wine industry is being warned to prepare for today’s rise in duty, which will push up a bottle of still wine by 7p to £2.23 overnight.
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A change to legislation in the 2018 Budget policy document could have a significant impact on products made from concentrate in the UK, including British made wine, low abv wines, RTDs, sherry-style drinks and flavoured ciders – anything which is diluted after fermentation.
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Pub landlords and spirits importers will be breathing a sigh of relief this morning, but not the nation’s wine trade – which is looking at an extra £90 million bill in duty next year.
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As an event for striking new deals and making new relationships, it is unsurprising that the London Wine Fair has become one of the major launchpads for new product development, with producers and importers using the fair as a stage on which to show off what they have been working hard on throughout the year.
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