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All Economics articles – Page 2
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NewsUKHospitality: ‘Wage increases will add further pressure on businesses’
The trade body warns many operators will struggle to absorb the government’s plan to increase both the national minimum wage and national living wage by 3.9% in today’s budget
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NewsBudget alcohol duty rise could add 2p to every pint
Chancellor John Healey is expected to press ahead with an inflation-linked duty increase based on September’s Retail Prices Index (RPI) measure of 3.9%, The Telegraph reports
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NewsAdmiral Taverns CEO urges government to go further on pub support
Chris Jowsey has called on the government to go beyond its business rates pledge, warning that community pubs will continue to struggle without wider reform to beer duty, VAT and rate relief thresholds
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NewsBudget set to push National Living Wage above £13 per hour
Chancellor John Healey is expected to announce an above-inflation increase to the National Living Wage in Wednesday’s Budget
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NewsStonegate CEO: ‘The chancellor must treat this budget as an opportunity to offer meaningful support’
David McDowall has said that while there is ‘too much damage to repair in one budget’, targeted changes could ‘begin re-establishing hospitality as a growth engine for the economy’
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Analysis & InsightBudget support ‘crucial for stability’ as hospitality’s confidence rises
The percentage of leaders feeling optimistic about the prospects for their business over the next 12 months rose from 37% to 53% in Q3, amid an uptick in consumer spending
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OpinionWhy hospitality VAT cut may have to wait
With the 28 October Budget fast approaching, the hospitality sector is hoping for meaningful tax relief. But a landmark VAT cut from 20% to 10% may be a step too far for Chancellor Jonathan Healey this time around, David Read writes
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NewsSummer trading fails to improve sector profitability
New survey data reveals that with rising costs are eroding margins, alongside the heavy tax burden facing the sector, 80% of businesses believe investment in the sector is being stifled
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Analysis & InsightLondon pub rateable values jump 24% as West End leads growth
Research from Colliers reveals 82% of London’s pubs recorded increases in rateable value, while 40% saw values rise by more than 30%
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NewsBurnham pushes for greater mayoral control over tourist taxes
The Prime Minister is pressing ahead with plans to give metro mayors greater autonomy over the introduction of overnight visitor levies, with legislation expected within weeks.
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NewsGreene King warns of ‘punishing cocktail of costs’
The pub company’s CFO Jonathan Fearn has warned that UK pubs are approaching a tipping point, urging the Chancellor to use next week’s Budget to deliver meaningful relief before more venues are forced to close permanently.
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NewsHospitality wages fall for first time in nearly three years
ONS labour market figures show average weekly earnings in the accommodation and food services industry were down 1.4% year-on-year in August 2026 with vacancies across the sector also falling
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Analysis & InsightAttack on hospitality sector ‘absolutely unprecedented’
With Chancellor John Healey’s first Budget days away, UKHospitality chief executive Alan Simpson said the sector has lost more jobs in hospitality and retail two years than the entirety of the miners’ strikes
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NewsScoffs Group sets out plan to return to profitability
The UK’s largest Costa Coffee franchise partner has set out a series of initiatives to improve its margins amid ongoing pressures from subdued consumer confidence and persistent cost inflation
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NewsCalls for minimum wage freeze to boost job creation
Berenberg has said that up to 100,000 new jobs could be created if minimum wage levels were kept at current levels, and that successful rises have done more harm than good.
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Weekend PressBudget to bring business rates relief for pubs and restaurants
Chancellor John Healey’s upcoming Budget is expected to raise the Small Business Rates Relief threshold, exempting up to 75,000 properties from business rates altogether
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Weekend PressScotland losing a pub every week as rural communities suffer
Rural and small-town communities are facing the steepest declines with the emergence of ‘pub deserts’, according to new analysis by te BBPA and Sunday Times
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NewsLosses widen for Byron as turnover falls
The beleaguered burger brand, which was acquired by Niyamo Capital last November, says it remains focused on restoring profitability despite its loss after tax increasing 130% in FY25
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NewsChancellor promises Budget ‘breathing space’ for businesses and consumers
John Healey has signalled that the 28 October Budget will offer relief for businesses and households, while insisting Labour will maintain tight control over public spending.
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NewsMarco Pierre White: Labour doesn’t understand business
The celebrity chef and restaurateur predicted the economics of the hospitlaity sector would push restaurant operators towards simplified kitchen models