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UK Chancellor scraps tax relief for holiday lets in Spring Budget
Reading Time: 6 minutesUK: As expected, UK Chancellor Jeremy Hunt has announced that the government is scrapping tax relief for holiday lets to improve the availability of long-term rentals as part of his Spring Budget 2024.
APPG calls for “national and mandatory” registration scheme
Reading Time: 2 minutesUK: A new report into short-term lets and the visitor economy by the All-Party Parliamentary Group [APPG] for Hospitality and Tourism has called for a “national and mandatory” registration scheme in England.
UK Chancellor extends business rate discounts for hospitality
Reading Time: 3 minutesUK: UK Chancellor Jeremy Hunt has announced that the 75 per cent discount on business rates [up to £110,000] for businesses in the hospitality, leisure and retail sectors has been extended by another 12 months as part of his Autumn Statement.
Khan calls for licensing scheme introduction in London
Reading Time: 3 minutesUK: Sadiq Khan, the current Mayor of London, has added calls for a short-term rental registration scheme in the capital in a bid to alleviate the ongoing housing crisis.
Spring Budget 2023: Takeaways for hospitality and urban living
Reading Time: 4 minutesUK: The Chancellor of the Exchequer, Jeremy Hunt, has today outlined his Spring Budget.
UK PM Sunak pledges commitment to short-term let registration scheme
Reading Time: 2 minutesUK: UK Prime Minister Rishi Sunak has pledged his commitment in Parliament to introducing a short-term let registration scheme in England in the near future.
UK mini-budget: How it will affect hospitality
Reading Time: 5 minutesUK: Chancellor Kwasi Kwarteng has announced a series of tax cuts in a mini-budget aimed to boost economic growth. The raft of measures revealed in today’s mini-budget come at a time when the UK is facing energy bill hikes amid the backdrop of soaring inflation. Some key decisions announced by Kwarteng that affect hospitality include: […]
UK government unveils support package to cut business energy bills
Reading Time: 4 minutesUK: The UK government has unveiled an “unprecedented” support package that will place a cap on wholesale energy bills for businesses from 1 October, initially over a six-month period.
Liz Truss: How can the UK PM help hospitality?
Reading Time: 2 minutesUK: Hospitality leaders share their thoughts on how Liz Truss, newly-appointed UK Prime Minister, can support the industry.
£1bn fund for UK hospitality businesses unveiled
Reading Time: 2 minutesUK: Chancellor Rishi Sunak has announced a £1 billion fund for hospitality and leisure firms affected by the Omicron variant. The announcement comes as rising cancellations are reported by hospitality businesses. According to the government website, many have lost between 40 and 60 per cent of their December trade. The new fund will enable hospitality businesses in […]