Survival this winter is the priority for venues across the country: Nicholls

The post Survival this winter is the priority for venues across the country: Nicholls appeared first on TD (Travel Daily Media) Travel Daily.

Responding to the Chancellor’s Autumn Statement, UKHospitality Chief Executive Kate Nicholls, said: “The Chancellor painted a grim picture of what we’re facing as a nation and Britain’s hospitality businesses are already in the midst of severe economic turmoil.

“Survival this winter is the priority for venues across the country and there is the very real possibility that a significant proportion of our sector will not survive the winter. It was crucial that the Government addressed this today.

“I’m pleased that the Chancellor has listened to the vast majority of UKHospitality’s proposals on business rates, covering a freeze in the multiplier, extended reliefs and no downward transition. This means those seeing their valuations decrease will see the benefit in their bills immediately, at the same time as increases are capped.

“However, it remains the case that the current system is outdated and not fit-for-purpose. The Government made a manifesto commitment of root and branch review and it’s essential that this delivered as soon as possible.

“It was also encouraging that the Chancellor confirmed that energy support will continue post-April for the most vulnerable sectors, of which hospitality has already been recognised.

“What we failed to hear today from the Chancellor was any plan for economic growth, despite him recognising its importance. Businesses create jobs, deliver higher wages and contribute millions in tax revenues but without a serious plan from the Government, margins continue to be squeezed without a path forward to growth.

“There is nothing to give firms confidence, let alone invest, and we need to see an urgent plan for economic growth and how business will be at the centre of that. UKHospitality stands ready to work with Government to develop such a plan and on the essential package of energy support post-April.”

 

 

 

 

 

 

The post Survival this winter is the priority for venues across the country: Nicholls appeared first on Travel Daily.

Related Posts

14 Stupid Things To Do While Stuck At The Airport

I did not understand you can’t take liquid meals through the safety line that is not packaged as child food. Baby meals is okay, individual packages of…

When’s Cheapest to Visit Disney World in 2023?

Facebook Twitter Pinterest As prices increase, you might want to know when are the least expensive times to visit Walt Disney World? This answers that, with seasons,…

All Seasons Packing List for Colorado

Home / Packing / The Ultimate Packing List for Colorado: Everything You’ll Need and Nothing You Won’t + PRINTABLE Liana Moore, Last Updated 01-05-2023 Colorado has lots…

Simplifying aircraft parts’ procurement

The post Simplifying aircraft parts’ procurement appeared first on TD (Travel Daily Media) Travel Daily. Since its development in 2010, Locatory.com has become one of the leading…

Norwegian Prima: What You Need to Know

Photo credit: Cindy Richards Disclosure: This post contains affiliate links. If you click through and buy, SheBuysTravel may receive a small commission at no additional charge to…

A Full-day Santiago Island Tour Experience with Bu Country Tours

My 1st full-day Santiago Island tour was a great way to start my West African journey in the beautiful country of Cape Verde! Continuing my journey around the…