Chancellor

Trade bodies warn roadmap jeopardises hospitality survival without further support

26-Feb-2021 By James McAllister

Hospitality trade bodies have written to the Chancellor warning that, unless a substantial package of support is announced at the Budget, businesses will fail before they're able to reopen.

Chancellor to delay ‘fundamental’ review of business rates

19-Feb-2021 By Joe Lutrario

Rishi Sunak is to delay the publication of the Treasury’s ‘fundamental review’ of business rates until Autumn.

Treasury has 'no plans' to extend VAT cut but Sunak insists more support is coming

27-Jan-2021 By James McAllister

The Treasury says it has 'no plans' to extend the VAT cut for the hospitality sector, despite the Chancellor warning that the economy will get worse before it gets better.

"It's insulting" - restaurateurs condemn Sunak’s financial package for not going far enough

23-Oct-2020 By James McAllister

Chefs and restaurateurs have said the Chancellor’s latest round of financial measures, designed to help support the hospitality sector, will simply not be enough to save businesses.

Sunak unveils new financial support for businesses facing tighter restrictions

22-Oct-2020 By James McAllister

Chancellor Rishi Sunak has set out a series of financial measures that seeks to help businesses operating under tighter restrictions, including a cash grant scheme targeted at the hospitality sector.

Sunak set to introduce Tier 2 finance support

22-Oct-2020 By Finn Scott-Delany

Chancellor Rishi Sunak is expected to announce new financial support for hospitality businesses in areas operating under Tier 2 Coronavirus restrictions, such as London and Birmingham.

Friday five: The week's top stories

25-Sep-2020 By Restaurant

Fresh rulings from Whitehall dominated the headlines this week, with the announcement of a 10pm curfew and new rules governing the wearing of face masks in hospitality venues.

"These measures are positive, but we aren't out of the woods" - Industry reacts to summer statement

08-Jul-2020 By James McAllister

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.

Chancellor slashes VAT and introduces voucher scheme to get people back in restaurants

08-Jul-2020 By James McAllister

Chancellor Rishi Sunak has announced he will cut VAT from 20% to 5% for parts of the hospitality sector and introduce a month-long 'Eat Out to Help Out' discount scheme for diners.

UKHospitality calls on Chancellor to support industry or risk 'tens of thousands' of jobs

17-Feb-2020 By James McAllister

UKHospitality has called on Chancellor Rishi Sunak to provide targeted support for the hospitality sector in his upcoming Budget.

The Chancellor's 2017 budget and its implications for the industry

22-Nov-2017 By Georgia Bronte

Pubs had a reason to raise a glass to the chancellor’s budget today (22 November) with the announcement of a freeze in alcohol duty.

What does the Autumn Statement mean for hospitality?

23-Nov-2016 By Sophie Witts

The Autumn Statement has received a lukewarm response from the hospitality industry after the Chancellor offered help for rural businesses, but failed to cut tourism VAT.

Budget 2014: Key points and reaction

19-Mar-2014 By Luke Nicholls

Following the delivery of the 2014 Budget by Chancellor George Osborne earlier today, BigHospitality caught up with some of the key organisations representing pubs, hotels and restaurants as well as individual operators for their reaction.

Government warned Budget 2013 policies do nothing to help UK tourism

21-Mar-2013 By Peter Ruddick

Hospitality trade bodies and those representing tourism and airline firms have slammed the Government for failing to announce policies in this week's Budget which will help attract more tourists to the UK.

Budget 2013: What the hospitality industry is hoping for

20-Mar-2013 By Peter Ruddick

Today, once again, the Chancellor will present a Budget which will be closely watched for signs of improvement in the economy or help for businesses, but with rumours swirling about the future of the beer duty escalator, hospitality industry professionals...

Budget 2012: The pub and bar industry's reaction

21-Mar-2012 By Peter Ruddick

The Chancellor George Osborne's decision to refuse to budge on the controversial beer duty escalator in the Budget has been widely criticised by the pub and bar sector as a missed opportunity to reverse a policy that continues to lead to job losses...