Showing Results for tag: Rishi Sunak
Business rates relief extended in Scotland, British government urged to act
UK: The Scottish government has announced it will extend the business rates relief until March 31 2022, with UKHospitality calling on the British government to outline a clear reopening plan for hospitality.
Sunak unveils £4.6b in business grants
UK: Following news that England enters a national lockdown on Wednesday 6th January, chancellor Rishi Sunak has announced a one-off grant up to £9000 for businesses in hospitality, leisure and retail.
Sunak announces new jobs scheme, extended VAT cut
UK: Chancellor Rishi Sunak announced the government’s replacement for the UK furlough scheme, which will support the wages of workers who cannot return to work full time.
Hospitality sector worst hit by Covid-19 as UK enters “largest” recession
UK: Figures published today by the Office for National Statistics [ONS] have shown that the hospitality sector was hit worse than any other sector by the Covid-19 pandemic, which coincides with the UK falling into recession for the first time since the 2008 financial crash.
UK hospitality leaders respond to Sunak's mini-budget
UK: Rishi Sunak, chancellor of the exchequer, announced major VAT cuts yesterday to promote recovery in the hospitality sector.
Sunak announces VAT cut for hospitality industry
UK: Chancellor Rishi Sunak has revealed a six-month cut in VAT for the hospitality and tourism sectors, which equates to a $4 billion boost for the industry.
UK chancellor expands furlough scheme to October
UK: The UK government will continue to pay the wages of workers furloughed due to coronavirus until October, Chancellor Rishi Sunak has announced.
Government issues guidance on Coronavirus Job Retention Scheme claims
UK: Almost one week after Chancellor Rishi Sunak announced the launch of the Coronavirus Job Retention Scheme, the government has published guidance for employers to claim funding for employee wages.
PM announces closure of pubs and restaurants
UK: In the latest of a regular daily briefing, Prime Minister Boris Johnson has announced further measures to tackle coronavirus by ordering the closure of cafes, pubs, and restaurants from Friday 20 March.