8/7/2023 0 Comments Pizza punks nottinghamI don't want to be one of the few companies paying in while others profit at our expense. Sponsored message – overcoming Hospitality Rising campaign doubts: Hospitality Rising aims to unite the industry by asking it to invest in and back its plan to change the perception of hospitality for the better, in the biggest sector recruitment advertising campaign the UK has seen – but why are some people not backing us? You told us: “My only doubt is if there’s going to be enough support. A further package of small business support is needed to reduce the huge burden and allow pubs and brewers to get back on their feet instead of placing more barriers in the way of their recovery.” This is why we have been calling for an energy price cap for small businesses, to ensure fair energy deals for businesses across hospitality and beyond. The fortunes of our sector hang in the balance. A reiteration of its commitment to cut business taxes to incentivise investment in high streets, people and innovation would also help to settle nerves across many sectors, including hospitality.” Emma McClarkin, chief executive of the British Beer & Pub Association, said: “We need the government to act now and take measures to immediately bring down costs and alleviate the pressures on our pubs and brewers. The government needs to identify and accelerate policies that will cut costs, minimise red tape and accelerate growth. Time is running out for businesses as costs ramp up, and we continue to call for a reduction in VAT back down to 12.5% and an energy cap for small and medium-sized enterprises.” UKHospitality chief executive, Kate Nicholls, added: “Direct, focused cash payments for lower income households will hopefully shore up some consumer confidence, but now we need a commensurate focus to reduce the costs of doing businesses, to reduce further price rises. But we feel hugely disappointed and frustrated the chancellor and government have not taken the opportunity to fully support businesses within this announcement at such a critical time. Michael Kill, chief executive of the Night Time Industry Association, said: “We welcome this gesture of support for consumers, although somewhat light touch, given the gravity of the current pressures. But there was no such relief for businesses struggling to come to terms with last month’s return to 20% VAT, as well as increased energy cost and food prices. Chancellor Rishi Sunak announced on Thursday (26 May) a £400 energy grant for all households a £650 payment for eight million lowest income households £300 for eight million pensioner households and a one-off payment of £150 for six million people living with disabilities. Government accused of failing to support businesses over cost-of-living crisis, calls for energy cap for SMEs: The government has been accused of failing to support businesses as the cost-of-living crisis continues to ramp costs up.
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