Legislation News – Page 40
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Howard Kennedy: Rules of ‘financial Darwinism’ no longer apply
Unprecedented is a word that’s been used so much in the past few weeks it’s lost of much its intended impact. Yet it’s a reasonable claim from Chancellor Rishi Sunak that the package of emergency measures he introduced last week were indeed without precedent, not only for a Conservative government, ...
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UKH – ‘Self-employed scheme not a total antidote but safety net for many’
“The support announced yesterday is not going to be an antidote for all the issues the self-employed will have, but is a welcome safety net for many,” Kate Nicholls, UK Hospitality CEO has told MCA.
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BBPA welcomes self-employed support package
The British Beer and Pub Association has welcomed the Government support package for the self-employed.
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Self-employed to receive 80% of last three years profits
The Government will pay self-employed people who have been adversely affected by the coronavirus a taxable grant worth 80% of their average monthly profits over the last three years, the chancellor Rishi Sunak announced at today’s press conference.
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Kerb: 'Lack of support for self-employed is our biggest anxiety'
Kerb, the operator behind six of London’s street-food markets, has announced a multi-faceted support campaign for its traders, but has said that further Government measures are needed to support the self-employed.
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Supportive measures for self-employed expected imminently
The chancellor Rishi Sunak will be making further announcements on supportive measures for self-employed workers “in the coming days,” he said in the House of Commons yesterday afternoon.
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Pubs can serve hot food for takeaway and delivery
Pubs will still be able to sell food for delivery and takeaway while closed to the public, the government has confirmed to The Morning Advertiser.
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Commercial tenants protected from eviction
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced.
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Three-month protection for commercial tenants
The Chancellor is expected to announce protection from forfeiture for commercial property tenants, in a key win for hospitality campaigners.
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Jobs retention scheme hailed as ‘lifesaver’
The Coronavirus Jobs Retention Scheme has been hailed as an “extraordinary measure” by the government to keep millions of hospitality staff on the payroll – though it was warned it could be rendered meaningless if a forfeiture moratorium is not achieved this week.
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Industry steps up calls for lease forfeiture moratorium
Following the Government’s emergency legislation last week preventing landlords from evicting tenants for at least a three month period, the Hospitality Industry is calling for similar action for commercial businesses.
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Cafes, pubs, bars and restaurants told to close
As hospitality is put on lockdown, chancellor Rishi Sunak has announced a number of measures to protect jobs and businesses throughout the coronavirus pandemic. Under ’The Coronavirus Job Retention Scheme,’ the Government has pledged to cover 80% of employee wages, to extend the interest-free period for loans from six to twelve months, and defer VAT payments until the end of the financial year.
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The NTIA calls for ‘Big Freeze’
The NTIA has called for a complete freeze of the economy in an open letter to the Government released today.
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JDW: ‘If pubs shut, the levels of Government support won’t matter’
Wetherspoon plans to keep pubs open “even under extreme duress,” as chairman Tim Martin warned that should they shut, the levels of Government support for employees will be inconsequential to job losses.
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Government to offer 60% salary cover
The Government is expected to unveil an employment rescue package which funds 60% of salaries, according to people briefed on the matter.
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Chancellor expected to announce employee support package today
The Chancellor is expected to announce an employment and wage subsidy package today following late-night talks with business groups and union leaders.
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‘Realistically, landlords are at the back of the queue’
Calls are growing for the Government to create a six-month lease forfeiture moratorium to prevent landlords from evicting operators for non-payment of rent.
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London faces lock down as tube stations close
Up to 40 stations on the London Underground network are to be shut as the Prime Minister prepares new restrictions in the capital to reduce the spread of coronavirus.
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Revolution to cut payroll, hours and staff
Revolution Bars will have to reduce payroll costs, unprofitable trading sessions and ‘variable costs’ such as entertainment and door staff in order to mitigate the impact of COVID-19.
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Industry reaction: innovation, adaptation and closure
Following Tuesday’s Government advice, bars, restaurants and pubs have started implementing their own coronavirus mitigation measures. From innovative click-and-collect initiatives to a pre-empted ‘hibernation,’ here’s a roundup of some of the recent operator announcements.