Tackling the main drivers of inflation and offering hospitality firms “enhanced support” would “reduce the need” for interest rate increases, UKHospitality (UKH) chief executive Kate Nicholls has stated.
The MA's Ed Bedington caught up with UKHospitality boss Kate Nicholls to get her take on the week's news, which has seen the Spring Budget announced, Ofgem's letter to Government and potential train strike breakthroughs.
“British ale is warm, but the duty on a pint is frozen” were the words uttered by Chancellor Jeremy Hunt and the flippancy of his remark sums up the level of care this Government appears to have for the hospitality sector.
While the Government has extended its Energy Price Guarantee for households, the Chancellor failed to mention any further support on rocketing utility bills for businesses in the Spring Budget today (Wednesday 15 March).
Despite industry-wide calls for reformation to business rates, the Conservative Party’s Spring Budget failed to offer anything new to the under-pressure on-trade, which would “frustrate and anger” the sector.
Non-compliant energy suppliers must be “held accountable” by the Government and work with businesses to find “pragmatic solutions” to inflated contracts following Ofgem’s letter to Chancellor Jeremy Hunt yesterday (Tuesday 14 March).
The Scottish Licensed Trade Association (SLTA) has called for swift action over its fears for the August introduction of the Deposit Return Scheme (DRS) because there are still many unanswered questions about its operation and believes small businesses...
The Government needs to tell energy suppliers to “stop being greedy” and allow businesses to renegotiate contracts after being “duped” into agreeing to “inflated” prices, according to one West Yorkshire-based operator.