More than 160 CEOs from the UK’s leading hospitality businesses, employing hundreds of thousands of people, have written to the Chancellor ahead of next month’s Budget. They call for decisive support to help the sector survive, rebuild and drive the economic recovery of the country as it emerges from the Covid-19 crisis. The letter, co-ordinated […]
The Government has finally announced additional measures to support businesses being placed into Tier 2 coronavirus restrictions. Among the areas are London, Birmingham, Leeds, and other parts of the North and Midlands. Greater Manchester, meanwhile, has joined Merseyside in Tier 3, which comes with cash grants of up to £3,000, and an improved (but still […]
Britons dined out nearly 11 million times last week as the government’s Eat Out to Help Out scheme unfolded. The initiative, devised by Chancellor Rishi Sunak and his Treasury team, is has been designed to stimulate Britain’s ailing economy. Hospitality is among the sectors worst hit by the pandemic. Sunak has set aside around £500 […]
Struggling restaurant and pub operators have hailed the new Eat Out to Help Out scheme as a great example of government support for the industry and an important first step in giving the general public the confidence to go out to eat again. Pubs and restaurants across the country have reported bumper sales in the […]
Chancellor Rishi Sunak has slashed VAT for hospitality to 5 per cent from 20 and has launched a “first of its kind” government discount scheme to encourage people to go out to eat throughout August. On Wednesday, Sunak announced VAT would be cut on food, accommodation and attractions for six months from 20 per cent […]
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