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All Tax articles
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NewsRobinsons surpasses £100m turnover
The Stockport-based brewer and pubco has also reported a 40% increase in EBITDA in its latest financial results with total beer sales outperforming the market by 1.5%
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UKHospitality warns holiday tax bill could add £100 to the cost of a family break
The trade body has warned the holiday tax, announced in yesterday’s King’s Speech, is deeply unpopular with the public
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NewsUKH urges government to provide hospitality energy support
The trade body has set out proposals for clear, targeted measures to support the sector through increased energy costs
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NewsJason Atherton: ‘I am trying to sustain our business by opening abroad’
The chef behind two Michelin-starred London restaurant Row on 5 has said his group is now much more cautious about expanding in the UK due to the tough market
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NewsWhitbread: ‘Our branded restaurants have faced material challenge’
The group has blamed the impact of inflation and tax rises, combined with lower financial returns, for its decision to exit its branded restaurants division
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NewsZero-hours ban risks ‘substantial damage’ to jobs
The government has has been urged to soften an element of its workers’ rights reforms, in a letter signed by UKHospitality, the British Retail Consortium, and the Food & Drink Federation
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InterviewsWren Pubs facing 'constant licensing battles’
The independent London pub group’s CEO, Jack Greenall, tells MCA that more needs to be done by both the government and local authorities to support expanding businesses like his
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Weekend PressJamie Oliver condemns ministers for ‘battering’ businesses
The chef and restaurateur told Times Radio the tax system does not differentiate between big players and tiny firms and Britain will become less relevant in terms of entrepreneurship
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NewsTrade bodies warn sector ‘highly exposed’ to Iran war fallout as fuel prices propel inflation
UKH has said the government should be looking closely at how it can reduce the cost of doing business for demand-sensitive sectors like hospitality amid the conflict
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Analysis & Insight‘Burdensome tax regime’ and ‘subdued consumer demand’ push up insolvencies
The latest government figures show accommodation and food services insolvencies jumped 22% month-on-month between January and February this year
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Weekend Press‘They’re not listening’: Pub boss blasts government over tax hikes
Jonathan Lawson, chief executive of Butcombe Group, accused ministers of ignoring business, making it harder for the company to invest
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NewsHalf of Franco Manca closures to be based in London
MCA understands eight of the 16 restaurants earmarked for closure are in the capital with the rest spread across the UK covering sites in Glasgow, Hove and Plymouth, amongst others.
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NewsStonegate: ‘Constructive discussions ongoing with landlords’
The pub and bar group is working with advisors at FRP to restructure its leasehold business in response to inflationary and tax pressures
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NewsJohn Vincent: ‘We need more entrepreneurs in parliament’
The Leon boss said for each restaurant with £1.3m sales, the business is paying an extra £70,000 per year in business rates and national insurance under Labour tax regime
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NewsTGI Fridays has ‘strong desire’ to return to central London
Of the 33 UK restaurants acquired by Ray Blanchette’s Sugarloaf investment firm, 31 are on solid footing with supportive landlords, though the future is uncertain for the remaining two
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Weekend PressLabour risks pricing families out of a holiday, warns Butlin’s
Chief executive Jon Hendry Pickup tells The Sunday Telegraph the government’s planned tourist tax ‘could be disastrous’ for the seaside resort chain
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InterviewsBrakspear: ‘Profitability is becoming more and more difficult to achieve’
Chief executive Tom Davies tells MCA that despite turnover remaining strong, spiralling employment costs continue to challenge the pub operator’s P&L
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Analysis & InsightTrade bodies warn operators are finding it ‘more and more difficult to make ends meet’
Data from CGA by NIQ shows that a third of hospitality businesses are now either breaking even or making a loss
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NewsStrong trading drives turnover and profit at Everards
The Leicestershire-based pub operator and brewer says it is well positioned to navigate market challenges after reporting a 90%+ rise in operating profit in its latest results
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NewsHigher costs hit profits at Wetherspoons
While the managed pub operator continues to outperform the market, Sir Tim Martin has warned ongoing cost pressures may result in profits falling slightly below current expectations