All Economics articles – Page 2
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NewsBusiness groups unite against holiday tax
As Edinburgh becomes the first UK city to introduce a holiday tax, a coalition of business, hospitality, tourism, countryside and travel groups have urged the government to rethink the policy
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News‘Burnham bounce’ and World Cup fever boosts consumer mood
GfK’s long-running monthly survey shows confidence climbed six points higher in July, the largest increase seen since November 2023, amid a ‘wave of optimism’
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Analysis & InsightFoodservice inflation sees 1.8% rise in June
Food and drink prices in the hospitality sector crept up again in June (+1.8%), having stabilised the previous month, according to the latest Foodservice Price Index from NIQ and Prestige Purchasing.
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NewsNell’s Pizza founder launches youth hospitality jobs platform
Called Lenny, the platform aims to help young people secure entry-level work while making it easier for operators to employ under-18s
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NewsWorld Cup lifts pubs but restaurant sales dip in flat June for hospitality
While pub like-for-like sales were up by 1.9% year-on-year last month, the best performance of the year so far for the category, restaurant group sales were down 0.7%
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NewsRyan: ‘Business rates cut more generous than it first appears’
The global tax firm says when taken together with support announced earlier this year the new reduction to rates for pubs, clubs and live music venues represents ‘a significant package’
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NewsBusiness rate cut: ‘A shot of relief for pub, clubs and live venues’
The government’s decision to cut business rates bills for thousands of hospitality venues across England has been welcomed, but there are warnings over the exclusion of restaurants and hotels
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NewsBusiness rates cut for pubs, clubs and live music venues confirmed
The government says the 20% cut will benefit nearly 32,000 venues and save the typical pub an estimated £1,100 in the next financial year
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NewsBusiness rates announcement expected in days
New Prime Minister Andy Burnham is expected to raise business rates for fulfilment warehouses to pay for cutting rates for pubs, clubs and live music venues by 20%
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NewsBurnham must recognise hospitality as ‘vital partner’ in growth economy
UKHospitality welcomes the new Prime Minister’s commitment to the economy and supporting young people into work but calls on him to recognise the boost the sector could bring with the right support.
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InterviewsPizza Union’s Bobby Hashemi: ‘The UK has become a pizza destination’
Speaking to Tamweel Capital’s Adam Spencer, the entrepreneur discussed the idea behind Pizza Union, the simplicity of its model and offer, and why there’s room to grow in an ultra competitive pizza market
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NewsHospitality insolvencies decline as World Cup and warm weather boost trading
RSM reports that the combination of summer sun and major sporting events has given the hospitality industry ‘an important lifeline’ with insolvencies across the sector down 15% month-on-month
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OpinionHospitality – cash machine or national asset?
The government needs to take a wider view of the value of the hospitality sector, David Read, founder, Prestige Purchasing argues
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Analysis & InsightCoffee prices look set for further increase
High energy costs combined with the volatile weather in coffee growing regions due to the ‘super El Niño’ are pushing up the price of a cup of coffee, with Lavazza now charging up to £6.50 for a flat white
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Analysis & InsightLeader confidence falls to 37%
Optimism among hospitality leaders has tumbled amid fears about operating costs and consumer spending, the latest Business Confidence Survey from NIQ and Zonal reveals
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Weekend PressWhitbread CEO: ‘Dear Andy Burnham, here’s why we’re investing £500m less in the UK’
Writing in The Sunday Times, Dominic Paul says the next prime minister must abandon ‘ruinous’ changes to business rates that are choking growth
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Weekend PressHow the Great British Summer Savings scheme is helping families
The BBC speaks to families planning to make the most of the policy, which sees VAT slashed from 20% to 5% across a range of family-focused hospitality and leisure settings including on kid’s meals in restaurants
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NewsBurnham adviser backs plans for National Food Service
The recommendations call for the creation of approximately 9,500 government-backed Community Food Centres that would offer nutritious meals free at the point of use
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NewsStarmer planning bank holiday if England win World Cup
A potential public holiday could reportedly be scheduled for week after the final on 19 July if England triumphs in the tournament
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News#VATsTheProblem campaign passes 260,000 signatures as shop launches for delivery
Hospitality businesses are now able to order printed campaign assets to be delivered direct to their venue