All news articles for July 27, 2011

Chuka Umunna MP says a temporary cut in VAT would help both businesses and consumers

Labour calls for VAT cut

By Lorraine Heller

The Labour Party has called for a temporary cut in VAT to 17.5 per cent as it embarks on a campaign to rejuvenate Britain’s high streets.

Londoners are split between wanting to stick around for the Olympics, or trying to escape them

4m Brits plan holidays to avoid Olympic Games

By Lorraine Heller

Just over half of Brits feel that the Olympic Games will have a positive impact on the country’s economy, while almost 4m people will be leaving the country to avoid the 2012 Games, finds a new survey by PwC.

The countdown begins for the 2012 Games

How ready is the UK for Olympics hospitality?

By Lorraine Heller

With exactly one year to go until the London Olympics, the UK is sending out a call to the world to come to these shores next year, but initial figures suggest that the hospitality sector is far from ready to welcome the additional visitors.

The Royal Wedding did not ease the financial strain for many hotels

Hotels suffering critical financial distress soar by 47%

By Becky Paskin

The number of hotel business suffering from ‘critical’ financial problems has soared by 47 per cent in the last quarter, as a result of low consumer confidence and a continued cautious attitude to leisure spend.

Would you describe your pub as a gastropub?

Special feature: Redefining the gastropub

By Becky Paskin

The term gastropub has been used to describe most food-led pubs for almost two decades, but with the recent rise in the popularity of pub dining, its overuse has led to confusion as to its true definition.

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