JD Wetherspoon (JDW) has announced it will be cutting food and drink prices across its pub estate in wake of the reduction in VAT just one week after it said that they were set to increase.
Restaurants and other establishments serving food for on premises consumption are being encouraged to sign up to the Government’s Eat Out to Help Out initiative.
Restaurateurs have reacted with dismay at the level of customers failing to honour their bookings on the second weekend of trading after the lifting of lockdown.
The Government's announcement of a cut in vat to 5% for hospitality was the leading story this week - here are some of the other stories that stole the headlines.
Wagamama and Frankie and Benny's owner The Restaurant Group has secured a loan of £50m through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) as it looks to increase flexibility in its banking facilities.
The Minster for Business and Industry, Nadhim Zahawi, has said the Government has 'no plans' to extend further support to businesses in Leicester currently forced to remain closed.
Nicola Sturgeon has confirmed that pubs and restaurants in Scotland can reopen for indoor service from next Wednesday (15 July), providing they follow strict health measures.
Westminster Council says it will be asking businesses operating an outdoor service to implement a ’no seat, no service‘ policy, and enforcing a clear ‘no licence, no trade’ message.
Burger King UK CEO Alasdair Murdoch has said the economic damage triggered by the Coronavirus pandemic could cause the fast food chain to close up to 10% of its estate.
Industry voices have reacted optimistically to the Government's stimulus package, but there are warnings more help will be needed to ensure the hospitality sector can recover from the Coronavirus crisis.
Boxpark says it is to introduce dedicated spaces geared towards competitive socialising concepts as it endeavours to get its growth plans back on track following the Coronavirus lockdown.
