Archives for March 16, 2023

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Spring Budget 'did not go far enough'

SPRING BUDGET 2023

Spring Budget 'did not go far enough'

By Rebecca Weller

The measures announced in the Spring Budget “did not go far enough” to “rebalance catastrophic impact” of rising costs across the board, according to trade bodies from across the sector.

JDW pulls plug on £3m revamp

JDW pulls plug on £3m revamp

By Amelie Maurice-Jones

JD Wetherspoon (JDW) has backed out of a £3m development in New Brighton, Merseyside, leaving land up for sale.

Axed energy support may cause mass closures

SPRING BUDGET 2023

Axed energy support may cause mass closures

By Amelie Maurice-Jones

Music Venue Trust (MVT) has warned the Government’s failure to extend the business energy relief scheme in yesterday’s Spring Budget would lead to mass venue closures.

Duty hike ‘bitter blow’ for drinks firms

SPRING BUDGET 2023

Duty hike ‘bitter blow’ for drinks firms

By Amelie Maurice-Jones

The Chancellor announced wine drinkers would be hit by the biggest single duty rise in almost 50 years at yesterday’s Spring Budget, leaving the sector “deeply disappointed”.

March rail strikes could cost sector £600m

March rail strikes could cost sector £600m

By Rebecca Weller

Further industrial action on rail and tube services during March and April could cost the hospitality sector £600m in lost sales, trade body UKHospitality (UKH) has stated.

Local breweries key to thriving communities

Local breweries key to thriving communities

By Gary Lloyd

Communities are given a positive boost if a local independent brewery is operated well say 80% of people, according to a new report published today (Thursday 16 March).