By M&C Report team2006-07-01T08:07:00+01:00
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
Hospitality could be experiencing a slowing in the recovery of consumer activity, weekly data compiled by the ONS has suggested.
The reopening of indoor dining helped underpin UK GDP growth during Q2 2021. Analysis from UKHospitality shows the hospitality sector was responsible for 40% of total economic growth from Q1 to Q2 2021, with Kate Nicholls calling on the Government for business rate reform and a permanently lowered rate of VAT.
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UKHospitality chief executive Kate Nicholls has warned that rising costs are adding pressure to already beleaguered operators.
The roadmap includes ambitious net zero targets to eliminate operational emissions by 2030, and for operators to achieve net zero across their supply chains by 2040.
With only two weeks to go until MCA’s annual sell-out conference, now is the time to snap up those few remaining tickets
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