Legislation News – Page 24
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Chancellor’s Budget unveiled
The business rates holiday and 5% VAT rate will be extended in their current state until the end of June, and phased out over the coming year, the Chancellor has announced.
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Welsh hospitality set for additional £180m in lockdown support
Hospitality, leisure and tourism businesses affected by ongoing coronavirus restrictions in Wales could see an additional £180m in extra support, the Welsh Government has announced.
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Sector calls for apprenticeship protections
Apprenticeship funding and youth employment must be protected if training and development of the future hospitality workforce are to be a cornerstone of the country’s economic recovery, sector leaders have said.
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Reilley: ‘Budget the most important day in history of hospitality’
The Budget is arguably the most important day in the history of the hospitality sector, with Sunak’s support set to either provide “desperately needed hope” or “a single, devastating blow,” Loungers Chairman Alex Reilley has said.
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Furlough to be extended until end of September
Chancellor Rishi Sunak will extend the furlough scheme until the end of September in today’s Budget, which is expected to include a support package in excess of £20bn.
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Staggered reopening risks further 99k job losses
The delayed reopening of hospitality will cost the sector £9bn, MPs have warned the Chancellor ahead of the Budget tomorrow.
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Government has ‘failed on commercial rent’
Soaring debt due to the issue of growing commercial rent arrears remains a major barrier to the recovery of hospitality, a Government report has warned.
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Talks held over rates relief and alcohol duty freeze
The treasury has held talks on support measures for the hospitality sector in the form an extension of the business rates holiday and a freeze on all alcohol duties, The Telegraph has reported.
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APPG for Hospitality and Tourism urges Chancellor to offer financial support
The All-Party Parliamentary Group for Hospitality and Tourism has called on Chancellor Rishi Sunak to provide decisive financial support to the sector in his upcoming Budget.
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Chancellor warned over business failures
In a letter to the Chancellor, more than 200 industry leaders and trade bodies have warned that more hospitality businesses will go under unless a substantial package of support is announced in the Budget next week.
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Sunak to replace emergency schemes with new business loan
Chancellor Rishi Sunak is expected to unveil plans for a new UK-state guaranteed loan programme in next week’s Budget, which would replace emergency coronavirus schemes, according to the Financial Times.
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Conservative MPs call for cut in beer duty
A group of 68 Conservative MPs have signed a letter calling for the Chancellor Rishi Sunak to cut beer duty in his upcoming Budget announcement on 3 March.
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Alcohol duty cut being considered by Chancellor
Pubs could see alcohol duty rates cut below that of supermarkets in plans being considered by the Chancellor. Ahead of next week’s Budget announcement (3 March), prime minister Boris Johnson revealed to the Commons that a review has been carried out into the differentiation between pubs and retailers, and Sunak was “looking very closely at the findings”.
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Johnson promises ‘proper review’ into use of vaccine passports
The Government is set to conduct a review into whether so-called ‘vaccine passports’ could be used to allow people to enter hospitality and leisure venues.
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Sturgeon offers little clarity for Scottish hospitality
Pubs and restaurants in Scotland will have to wait another three weeks for any clarity on reopening, as First Minister Nicola Sturgeon has refused to “pick arbitrary dates” before more data becomes available.
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Trade bodies call for ‘critical financial support’ in Budget
A major package of financial support must be revealed in the Chancellor’s Budget if many hospitality businesses are to survive through the Government’s reopening plan, sector trade bodies have said.
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Hospitality roadmap unveiled
Pubs and restaurants will be permitted to reopen outdoor spaces no earlier than 12 April, followed by an indoor reopening from 17 May, the Prime Minister has confirmed.
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UKH: Vaccine progress means positive prospects for summer trading
The progress of the vaccine rollout means hospitality can look forward to summer trading with minimal restrictions, Kate Nicholls believes.
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PM to set out reopening roadmap today
Boris Johnson is expected to announce pubs and restaurants can reopen under a phased approach, with those with outside space allowed to start serving in April, but indoor service not permitted until May.
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Mark Davies: ‘Pubs are safer than shops’
Hawthorn CEO Mark Davies is the latest pubco boss to call on the Prime Minister to offer strong support for the sector in his upcoming reopening announcement.