Archives for March 23, 2022

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50% business rates relief for eligible hospitality businesses

SPRING STATEMENT MARCH 2022

50% business rates relief for eligible hospitality businesses

By Rebecca Weller

Chancellor of the Exchequer Rishi Sunak announced a temporary 50% business rates relief for eligible hospitality businesses up to £110,000, worth £1.7bn for small businesses and effective from next month, as part of the 2022 Spring Statement.

More cash in pockets of sector staff as NI threshold raised by £3k

spring statement march 2022

More cash in pockets of sector staff as NI threshold raised by £3k

By Gary Lloyd

Chancellor Rishi Sunak has increased the threshold before workers start paying national insurance contributions by £3,000 in Wednesday’s Spring Statement meaning staff in the sector will keep more of the money they have earned.

Sunak silent on VAT in Spring Statement

Spring Statement March 2022

Sunak silent on VAT in Spring Statement

By Amelie Maurice-Jones

The Chancellor made no reference to keeping the VAT rate at 12.5% permanently in the Spring Statement on Wednesday 23 March, meaning the rate will rise to 20% in April.

Revolution Bars Group no longer a minimum wage employer

Revolution Bars Group no longer a minimum wage employer

By Amelie Maurice-Jones

Revolution Bars Group, the operator of bars including Revolución de Cuba, Playhouse, and Founders & Co, has invested £2m in raising wages over minimum wage, as part of the ‘fair day’s pay for hard day’s work’ pledge.

Pubs can open for extra 2 hours on Jubilee weekend

Pubs can open for extra 2 hours on Jubilee weekend

By Amelie Maurice-Jones

The licensing hours for pubs, bars and clubs will be extended for an extra two hours for three nights over the Queen’s Platinum Jubilee weekend in June, to celebrate Queen Elizabeth II’s 70 years on the throne.

Meet the finalists – Best New Site sponsored by Heineken UK

Publican Awards 2022

Meet the finalists – Best New Site sponsored by Heineken UK

By The Morning Advertiser

The 2022 Best New Site award will be presented to the business that has opened in the past 24 months, has been trading for a minimum of six months and have demonstrated how effectively trade has been built at the site.