All Economics articles
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Weekend PressLabour’s ill-considered tourist levy will be the death knell for England’s seaside
Local authorities being granted the power to enforce a tourist tax will price many hardworking families out of their usual summer break, The Telegraph writes
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NewsHeavitree sees turnover dip in H1
The Exeter-based pub operator pointed to poor weather early in the year and an early Easter for the sales slip, which also led to a drop in operating profit
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NewsTwo thousand pubs at risk unless business rates are reformed
The British Beer and Pub Association (BBPA) warns more venues will close their doors, despite recent government intervention
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Weekend PressUK hotels poised for business rates reprieve next year
As a ‘big loser’ from Rachel Reeves’s shake-up last November, the sector is hoping to secure a reversal from the chancellor on crippling taxes, The Sunday Times reports
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OpinionAndy Burnham: ‘His record in Manchester is a very good one’
Now that the outgoing Greater Manchester mayor has seen off a lacklustre by-election challenge from Reform, attention turns to what his premiership might look like for the hospitality sector
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NewsTimothy Taylor’s overcomes ‘challenging market for cask ale’
Turnover at the Yorkshire brewer and pub operator rose by 2.1% to £35.7m last year, with flagship ale brand Landlord cementing its position as “the largest-selling cask ale brand in the UK by both value and volume”
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NewsSt Austell delivers ‘resilient’ 2025 performance amid tough trading conditions
The South West brewer, pub operator and drinks business recorded year-on-year revenue growth and underlying EBITDA of £22m, slightly down from £22.4m in 2024, reflecting the impact of rising costs and reduced consumer demand
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NewsThwaites warns Middle East situation causing ‘uncertainty on several fronts’
The comments come the family brewer and regional pub operator reports strong FY26 results with turnover up 5% to £127m
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Analysis & InsightHospitality remains ‘stuck in stagnation’ as like-for-like sales grow marginally in May
Year-on-year growth across Britain’s leading hospitality groups has now been below the UK’s rate of inflation, as measured by the Consumer Prices Index, for 13 consecutive months
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Weekend PressBusiness leaders warn Labour ‘relentless’ taxation must stop
Dozens of business leaders including industry investor Luke Johnson have signed a letter calling for Labour to address the levies crippling founders, reports The Telegraph
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Weekend PressTim Martin: ‘Labour is taking Britain back to the 1970s’
The Wetherspoon founder speaks to The Telegraph about Brexit dividends, the secret to his success, and why government policies are destroying business
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Weekend PressCan Starmer’s late-night World Cup openings help Britain’s struggling pubs?
While venues could stay open until 2am, rising costs remain a far bigger concern for many landlords, reports The Guardian
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OpinionIs Andy Burnham hospitality’s knight in shining armour?
The ‘King of the North’ has promised to shower hospitality with shiny trinkets including business rate reductions and VAT cuts should he triumph in Makerfield and take Labour’s crown
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NewsChancellor calls on sector to continue working constructively with government
Addressing UKHospitality’s Summer Conference this week via video message, Rachel Reeves claimed ’the best days are ahead of us’ while acknowleding the sector’s tough trading conditions
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Analysis & InsightWho will be the winners of the government’s summer VAT cut?
While complexities around implementation hardly feel tailored to benefit operators, there are notable opportunities for businesses across the sector to make hay while the sun shines this summer
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NewsTube strikes deliver ‘sharp blow’ to London hospitality trading
Analysis by Tenzo shows the median London hospitality venue saw sales fall by 13.1% last Thursday (4 June) with one in five experiencing a sales declines of more than 30%
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NewsFuture of Soho institution Balans in doubt
An email seen by MCA says the group is ‘no longer trading’ with creditors due to be contacted
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NewsHospitality VAT cut petition passes 100,000 signatures in first 72 hours
The campaign said the scale of support it has received so far is ‘a clear demonstration of the strength of feeling across hospitality for a lower rate of VAT’
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NewsIndustry leaders back VAT cut petition
More than 25,000 signatories have already given their support to the sector-wide campaign, which is calling for the government to cut hospitality VAT to 10%
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NewsTop chefs call for VAT cut
Tom Kerridge, Yotam Ottolenghi, Ravneet Gill and Simon Rogan told BBC Newsnight VAT should be slashed to 10% to ease pressure on businesses and bring rates closer to European levels