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All Tax articles – Page 3
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NewsBBPA warns pubs on course to close at rate of one a day this year
Around 360 pubs are expected to shutter in 2026, putting the sector on course to surpass last year’s net closure figure of 336 closures
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NewsUKHospitality: ‘Sector’s ability to offer young people job starts at risk without budget action’
The warning comes as new analysis by the trade body reveals the stark impact of rising employment costs, with 45% of all jobs lost in the economy in hospitality
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NewsUKHospitality unveils high street blueprint
The trade body’s Placemaking report sets out 33 recommendations for government and local authorities to reduce ‘the costly and burdensome red-tape holding hospitality businesses back’
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Analysis & InsightWhat hospitality distress levels mean for operators and suppliers
Julie Palmer, managing partner at BTG Begbies Traynor, on what the latest Red Flag Alert data reveals about financial distress in hospitality and leisure, and the warning signs operators should watch for before administration or liquidation become the only remaining options
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NewsThe Ivy operator grows sales to £350m
Troia UK Restaurants grew sales and turnover thanks to strong trading, new site openings and operational improvements despite ongoing cost inflation
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Weekend PressSupermarket giant Tesco weighs shock takeover bid for Majestic Wine
Sky News reports that Britain’s biggest grocery retailer is among the suitors circling Majestic Wine, whose portfolio includes the Vagabond bars brand
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Weekend PressCasino owner warns it will shut more than one in three sites over Labour tax raid
Paul Willcock, chief executive of Genting UK, told The Telegraph 13 of the group’s 32 venues would be ’unprofitable or unsustainable’ if the tax raid goes ahead
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NewsHigher costs hit Wetherspoon profits
The pub giant saw pre-tax profits fall 28% in FY26 despite a 5.2% revenue rise
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InterviewsShepherd Neame sees ‘encouraging trends’ in accommodation business
Jonathan Neame tells MCA the group’s coastal inns and hotels saw ‘incredibly strong demand’ over the summer, accelerating plans to invest in and upgrade its rooms
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Analysis & InsightHospitality has highest tax burden in the economy
Analysis by the British Retail Consortium (BRC) suggests for every £1 of pre-tax profit generated by the hospitality sector, businesses pay 82p in taxes
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Analysis & InsightVAT cut likely to drive up eating out frequency
More than a third of consumers (39%) have said they would eat out more often if the much campaigned for VAT reduction resulted in lower menu prices, according to a new report from OpenTable.
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NewsScottish government gives backing to #VATsTheProblem campaign
Deputy First Minister Jennifer Gilruth has written to the UK government backing the campaign to reduce VAT and urging it to listen to the sector’s calls.
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NewsGovernment unveils £210m package to revive struggling high streets
The funding is aimed at turning vacant high street shops, pubs and clubs into shared workspaces, cafes and community hubs to tackle the decline of town centres
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Weekend PressTourist taxes spread worldwide as governments cash in on travel boom
Cities and countries including Barcelona, Venice, Kyoto, Amsterdam and the Maldives have either introduced or raised visitor levies in recent years, the Financial Times; reports
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NewsWelsh council suspends holiday tax plans following backlash
Gwynedd, which incorporates Snowdonia, had planned to introduce a £1.30 per night charge on hotel and B&B stays, with around 80% of businesses and tourists against the levy
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Analysis & InsightNight time sector shows tentative growth
The latest Night Time Economy Market Monitor reports the number of bars, clubs and other late-night venues grew by 0.4% between March and June 2026, the sector’s first growth in two years
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NewsHydes hit by cost pressures despite modest sales growth
The North west brewer and pub operator said profitability was hit by rises in the National Minimum Wage, higher employer National Insurance contributions and elevated energy costs
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NewsSimon Rogan: UK expansion ‘not a viable proposition’
L’Enclume restaurateur Simon Rogan says he ‘has no appetite’ to invest more in Britain, with the tourist tax the latest addition to the cost of doing business
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Analysis & InsightRestaurant sales revive while pubs soften in August
While leading managed groups overall saw like-for-like sales up 0.8%, the sector showed a slight cooling of growth compared with July when the impact of the World Cup boosted takings
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NewsLabour minister admits tourist tax launched without assessing jobs impact
Local government minister Jim McMahon said the government had failed to carry out a formal national impact assessment of the levy and its effect on the economy