Chancellor

SPRING BUDGET 2023

Sadly, it's not a joke Mr Hunt

15-Mar-2023 By Ed Bedington

“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.

Review of the Week

‘We need someone who’s going to get in there quickly’

14-Oct-2022 By Ed Bedington

As the Government starts to implode, the MA's Ed Bedington caught up with the Night Time Industries Association's Michael Kill to get his take on the sacking of the Chancellor and other industry issues

The MA's Review of the Week

'Deaf ear at the heart of Government'

25-Mar-2022 By Ed Bedington

The MA's Ed Bedington caught up with UK Hospitality's Kate Nicholls to discuss the week's big developments including the disappointment of the Spring Statement and the challenges facing the sector down the line.

Survival of the fittest as Government cuts support

25-Mar-2022 By Ed Bedington

Disappointment was the word from the sector as the chancellor sat back down from the podium, and if he was expecting a thundering applause, he was astonishingly mistaken.

Firms will rely on Spring Statement to survive, says NTIA

22-Mar-2022 By Amelie Maurice-Jones

Hundreds of thousands of businesses are at the mercy of Wednesday’s Spring Statement (23 March), according to the Night-Time Industries Association (NTIA).

The MA's Review of the Week

'The least Mad Friday we've had for years...'

17-Dec-2021 By Ed Bedington

With Christmas looming, The Morning Advertiser editor Ed Bedington caught up with Revolution Bars CEO Rob Pitcher to get his take on the headlines of the week, from the lack of support from Rishi, through to the "over-reaction" in Wales which...

Freedom day 'set to be delayed until 19 July'

14-Jun-2021 By Emily Hawkins

The Prime Minister is expected to announce a delay of up to four weeks to the final unlocking step at a press conference tonight (Monday 14 June).

51% of operators call for roadmap review and acceleration, poll says

16-Mar-2021 By Nikkie Thatcher

Almost half (51%) of hospitality operators think the Government should consider a review of the roadmap and accelerate it, if appropriate, an industry survey has found.

Hospitality sector ‘remains utmost in Chancellor’s mind’

02-Mar-2021 By Nikkie Thatcher

Chancellor of the Exchequer Rishi Sunak has said the hospitality trade ‘remains utmost’ in his mind, in an interview on Times Radio.

1 in 10 operators won’t survive if Budget doesn’t extend support

25-Feb-2021 By Nikkie Thatcher

Some 9% of business leaders expect their companies not to continue if Chancellor Rishi Sunak does not announce further support in the Budget next week (Wednesday 3 March), according to research.

Chancellor blasted for ‘out of touch’ chat with Gordon Ramsay

19-Feb-2021 By Nikkie Thatcher

Chancellor of the Exchequer Rishi Sunak has been lambasted on social media for his ‘In Conversation’ series with TV chef Gordon Ramsay.

Business rates review delayed until autumn

19-Feb-2021 By Nikkie Thatcher

The Government’s final report on the fundamental review of businesses rates has been pushed back until the autumn.

Treasury signals rates relief

04-Feb-2021 By Nikkie Thatcher

Councils have been urged not to issue business rates bills ahead of the new financial year on 1 April, until after the Budget on 3 March.

Hospitality needs £35bn to save 500,000 jobs, business group claims

03-Feb-2021 By Nikkie Thatcher

A financial package of support worth £35bn is needed to safeguard 500,000 hospitality jobs, one business group has said.

Chancellor confirms additional support will be announced at Budget

27-Jan-2021 By Nikkie Thatcher

Further economic support will be unveiled at the next Budget in March, Chancellor of the Exchequer Rishi Sunak has said.

Chancellor implored to act to save pub jobs

26-Jan-2021 By Emily Hawkins

Chancellor Rishi Sunak has been pressed to extend vital support for hospitality, after figures reveal the sector as the hardest hit by job losses once more.

Chancellor ‘out of ideas’ after pledging no new support

12-Jan-2021 By Stuart Stone

Chancellor Rishi Sunak has stated that despite forecasts of further economic decline there will be no additional financial support for business hit by coronavirus restrictions before the Budget on 3 March.

What you need to know about furlough

07-Jan-2021 By Nikkie Thatcher

The Morning Advertiser takes a look at what operators need to know about the Coronavirus Job Retention Scheme amid the third national lockdown.

Grants of up to £9k available for pubs during lockdown 3.0

05-Jan-2021 By Nikkie Thatcher

One-off grants for pubs of up to £9,000 per venue have been announced by Chancellor of the Exchequer Rishi Sunak.

Furlough extended to end of April 2021

17-Dec-2020 By Nikkie Thatcher

The Coronavirus Job Retention Scheme (CJRS) will be extended by a further month to the end of April 2021, the Chancellor has announced.

Sunak’s support ‘welcome but still a long way to go’

23-Oct-2020 By Nikkie Thatcher

Chancellor of the Exchequer Rishi Sunak’s latest financial aid announcement including cash grants, extended support for the self-employed and changes to the Job Support Scheme has been met with trepidation from trade bodies.

Winter economy plan

How does the loan repayment part of the Winter Economy Plan impact pubs?

25-Sep-2020 By Nikkie Thatcher

Chancellor of the Exchequer Rishi Sunak announced a raft of measures on Government-backed loan schemes as part of his Winter Economy Plan earlier this week (Thursday 24 September).

Winter Economy Plan

VAT cut extension ‘misses golden opportunity to include alcohol’

24-Sep-2020 By Nikkie Thatcher

The Chancellor’s announcement of an extension of the 15% VAT cut on food, soft drinks and accommodation has been criticised for excluding wet-led pubs.

Opinion

Not good enough Mr Sunak

24-Sep-2020 By Ed Bedington

And so the much awaited Government support has been announced and greeted with not so much a cheer as more of a whimper from an industry that is crying out for help.

Winter economy plan

Chancellor Sunak lays out winter plan for jobs and VAT cut extension

24-Sep-2020 By Nikkie Thatcher

Chancellor of the Exchequer Rishi Sunak has announced a new Job Support Scheme alongside an extension of the VAT cut for hospitality.

Chancellor to announce plan to protect jobs today

24-Sep-2020 By Nikkie Thatcher

Chancellor of the Exchequer Rishi Sunak is expected to reveal the Government’s plan to protect jobs during winter later today (Thursday 24 September) amid reports the Autumn Budget has been cancelled.

#Unitedwestand

Self-employed income support scheme to be extended

29-May-2020 By Nikkie Thatcher

The Self-Employed Income Support Scheme (SEISS) will be extended with applications opening in August for a second and final grant, Chancellor of the Exchequer Rishi Sunak has announced today (29 May).

Employers to be asked to pay NI and pension contributions from August

29-May-2020 By Nikkie Thatcher

Employers will have to start making payments towards the furlough scheme, starting with national insurance (NI) and pension contributions from August, the Chancellor Rishi Sunak has announced today (29 May).

Chancellor invited on pub crawl to hear business rates struggles

12-Sep-2018 By Emily Hawkins

Chancellor Philip Hammond was invited to go on a pub crawl by MPs, in order to experience the struggles faced by small pubs under the current business rates system.

Autumn Budget 2017

Beer duty frozen by Chancellor in Autumn Budget

22-Nov-2017 By James Beeson

Chancellor of the Exchequer Philip Hammond has announced a freeze in beer duty in his Autumn Budget, unveiled in Parliament yesterday (22 November).

Further pressure put on Chancellor to cut beer tax in Autumn Budget

14-Nov-2017 By Ed Bedington

Pressure is mounting on the Chancellor of the Exchequer to heed calls from the pub and brewing sector to reduce taxation on beer in the upcoming Budget.

London re-established as gin capital of the UK

09-Nov-2017 By James Beeson

London is now home to 24 gin distilleries - more than existed in the whole of the England in 2010 – according to new statistics revealed by the Wine & Spirit Trade Association (WSTA).

Gin boom could be ruined by tax increase

26-Oct-2017 By Nicholas Robinson

A horrendous tax bill could choke the dramatic growth of the British gin industry if the Chancellor does not freeze duty on spirits, according to the drinks trade in a desperate plea to the Government.

English wine threatened by increased duty

23-Oct-2017 By Nicholas Robinson

English sparkling wine producers may be put under unnecessary pressure if Chancellor of the Exchequer Philip Hammond implements proposals to raise tax on the sector.

6,000 small pubs 'in line for more than 15% tax rises'

16-Oct-2017 By Fred A'Court

Call for rate rises for pubs to be frozen from next April as part of a 'bold' November Budget by the Chancellor of the Exchequer.

Over 50 MPs pledge pub sector support

15-Sep-2017 By Michelle Perrett

Over 50 MPs pledged their support for the pub sector during a drop-in session at the House of Commons this week.

National insurance hike to affect significant number of licensees

13-Mar-2017 By Liam Coleman

Changes to national insurance contributions, announced in last week’s Budget, could cost licensees almost £700 a year more from April 2019, a legal expert has warned.

Chancellor’s £1,000 rates discount will ‘save 25% of pubs’

13-Mar-2017 By Claire Churchard

The £1,000 business rates discount, unveiled by the Chancellor of the Exchequer last week, could be the difference between survival and closing down for 25% of small independent pubs, according to a snap poll of 100 sites.

Why is wine the alcohol industry's forgotten sibling?

19-Apr-2016 By Dan Townsend

While the rest of the UK was reverberating to the news of Chancellor George Osbourne’s decision to impose a levy on sugary soft drinks in last month’s Budget, the wine industry was again getting used to another year of being the alcohol industry’s forgotten...

Autumn statement

Licensees 'distraught' after extra tax burden is revealed

03-Dec-2015 By Oli Gross

Licensees have reacted angrily to the news that three quarters of pubs will have to stomach an extra £1,500 a year tax burden, which could be the tipping point “between life and death” for many businesses.

Caution over business rates revise

19-Oct-2015 By Emily Sutherland

The trade has given George Osborne’s shake-up of business rates a cautious welcome, despite some fears that squeezed councils will use pubs as ‘cash cows’ to generate extra income.

Pubco bosses submit ‘manifesto’ to Chancellor

27-Mar-2014 By Rob Willock

George Osborne received a ‘manifesto’ for the pub industry from three industry CEOs when he visited Banks’s Brewery on Monday.

Cheers to George and this pro-pub Government

24-Mar-2014 By Andrew Griifiths

George Osborne – the beer drinker’s champion. True, not the first thought that might have gone through your mind on the day the Chancellor set foot into Number 11 four years ago. Yet after the Budget last week, I do not think it an exaggeration to say...

Budget 2014: Reaction from the pub trade

19-Mar-2014 By James Wallin

Trade leaders and bodies have been responding to George Osborne's budget, in which he announced a 1p a pint cut in beer duty for the second year running.

Trade rallying cry for final push to scrap Alcohol Duty Escalator

20-Feb-2014 By Noli Dinkovski

The Wine and Spirit Trade Association (WSTA) has issued a rallying cry for the trade to work together and persuade the Chancellor to cut duty on wine and spirits at next month’s Budget.

BBPA asks Chancellor for business rates and beer duty help

04-Dec-2013 By Michelle Perrett

The British Beer & Pub Association has written to Chancellor George Osborne urging him to extend Small Business Rate Relief in the Autumn Statement.

Budget 2013: Chancellor George Osborne scraps beer duty escalator and cuts beer duty by 1p

20-Mar-2013 By Michelle Perrett

The Chancellor today has scrapped the beer duty escalator today and has announced that beer duty will be cut by 1p from Sunday.

Budget 2013: Pubco Enterprise Inns first to announce it will pass on duty cuts

20-Mar-2013 By Gurjit Degun

Enterprise Inns is the first pub company to announce that it will be passing on the beer duty reduction to its licensees “immediately”.

Political intervention brings little support

07-Feb-2012 By David Elliott

Enjoying a pint with some mates in my local last week, we reflected on the staple diet of bar chat: sex, religion and politics. Leaving the first two aside, I considered the political intervention/ interference the pub industry has endured over the past...

Pub leaders warn Chancellor over Budget

11-Apr-2011 By Mark Wingett, M&C Report

Over 30 leading brewing and pub company executives have signed a letter to the Chancellor George Osborne demanding that he reconsider the tax...