Future of hospitality businesses at risk, warns trade body
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Trade group UKHospitality has warned the government that not sticking to the 21 June date for easing England’s restrictions will put the future of thousands of hospitality businesses at risk.
A one-month delay to restrictions lifting would cost about £3 billion in lost sales to the sector, and also have an impact on bookings for later this summer and autumn.
Business rate payments are set to return too, as well as employer contributions to furlough.
UKHospitality Chief Executive Kate Nicholls said: “A full and final ending of restrictions is the only way to ensure that businesses in this sector can trade profitably.
“If government decides it has to keep some restrictions in place after 21 June, then it must prioritise those that do the least damage to business and commit to further supporting the sector.
“Confidence has been shaken so it is imperative that the government postpones business rates payments until at least October and extend the rent and debt moratoria for hospitality businesses while a long-term solution to Covid arrears is found.”
She added that hospitality is “desperate to get back to what it does best and can play a key role in the economic recovery of the UK”.
-BBC
ABOUT: Nana Kwesi Coomson
[email protected] An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.
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