Category: Hospitality industry

Rishi Sunak spent £2m on focus groups for ‘eat out to help out’ scheme

Exclusive: Extensive polling ordered by the then chancellor, documents reveal, but scientific advisers not consultedRishi Sunak ordered multiple taxpayer-funded focus groups and polls to craft the messaging of his planned...

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‘A cut-and-paste budget’ – UK businesses attack lack of help from chancellor

Hospitality trade says chancellor failed to help save sector with VAT cut, while travel industry laments air duty riseBudget: key points at a glanceThe chancellor has been accused of producing a “cut and paste”...

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Half of all UK consumers have cut non-essential spending

KPMG study shows scale of household spending cutbacks, with eating out hit particularly hardMore than half of UK consumers have cut back on discretional spending since the start of the year, with nearly two-thirds choosing to...

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‘We won’t be here for long’: UK firms fear the worst as energy bill support ends

Bills could rise by as much as 133% when new cap is introduced this weekend, say analystsThousands of small businesses risk going bust as “brutal” energy bills are to double with the end of a government support...

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Wetherspoon’s boss: hospitality holding off price rises could be ‘catastrophic’

Tim Martin says Bank of England is right to ask firms to be mindful but advice should not be taken too literallyBank boss urges firms to hold back price rises or risk higher ratesThe boss of JD Wetherspoon has warned it could be...

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British retailers welcome planned return of VAT-free shopping for tourists

Government to consult on long-called-for scheme which is likely to cost almost £1.3bn Mini-budget: Kwarteng scraps top 45% rate of income tax and cuts stamp dutyRetailers and the hospitality industry have welcomed the...

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Ministers to cap firms’ energy bills amid calls for longer-term support

Jacob Rees-Mogg is expected to cut price businesses pay for electricity and gas by 50% and 25% respectivelyJacob Rees-Mogg is expected to announce a cap on energy prices for businesses that would cut the rates they pay by up to...

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