Jeremy Hunt
Explore the impact of Chancellor Jeremy Hunt’s policies on the UK hospitality sector. During his tenure, Hunt introduced measures such as freezing alcohol duties and implementing a VAT reduction for hospitality services. His government’s approach to business rates and National Insurance contributions has influenced staffing and operational dynamics within the hotel industry. Stay informed on how political decisions under Hunt’s leadership have shaped the landscape for hoteliers, general managers, and hospitality executives.
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Apr- 2024 -15 AprilTrade Organisations
BHA calls for govt support amid sector’s growing financial woes
The Bristol Hoteliers Association (BHA) has urged the government to do more to support the hospitality industry in the wake of growing financial pressures. This comes as the increase in the National Living Wage has taken effect. Raphael Herzog, chair of the BHA, said: “For the most part, all our…
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Mar- 2024 -7 MarchTrade Organisations
Spring Budget leaves hoteliers ‘out in the cold again’, BHA says
The Bristol Hoteliers Association (BHA) has expressed its frustration at the outcome of the Spring Budget, saying that the government has once again left businesses “out in the cold” to face extremely challenging times with little support. Next month, as a result of chancellor Jeremy Hunt’s Autumn Statement, the National…
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6 MarchLatest News
Chancellor cuts NI by a further 2p as part of Spring Budget
Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance falling from 10% to 8% from 6 April, as part of his Spring Budget for “long-term growth”. The reduction in National Insurance is expected to save the average worker £450 a year, or £350 for those who are…
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Jan- 2024 -2 JanuaryTrade Organisations
UKH sets out plan for 2024
UKHospitality has unveiled a three-point plan which it will focus on in 2024 to put hospitality at the “front and centre of policy making” ahead of the next General Election. The plan includes generating investment through root and branch reform of business rates, creating jobs through Apprenticeship Levy reform and…
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Nov- 2023 -22 NovemberEconomy
Chancellor extends business rates relief for hospitality
Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn Budget including slashing National Insurance by 2% and freezing business rates for retail and hospitality. As part of the new measures, Hunt revealed that National Insurance will be cut from…
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Mar- 2023 -15 MarchLatest News
Spring Budget: Corporation tax to rise to 25%
Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part of a number of measures announced in chancellor Jeremy Hunt’s Spring Budget. To help offset the corporation tax rise, Hunt also announced a provision of £9bn of “full capital expensing” which for…
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Feb- 2023 -10 FebruaryTrade Organisations
BHA urges govt to relax post-Brexit recruitment rules
The Bristol Hoteliers Association (BHA) is urging the government to relax some of the post-Brexit rules, which have hindered their ability to recruit in recent years. This comes as it says a combination of Brexit and the pandemic have caused “huge” problems for the UK hospitality industry, which has traditionally…
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Nov- 2022 -17 NovemberCurrent Affairs
Chancellor freezes tax thresholds in Autumn statement
Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax cuts and spending cuts totalling £55bn in the Autumn statement. As part of the new measures, Hunt confirmed that tax as a percentage of GDP will rise by over 1%…
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Oct- 2022 -24 OctoberLatest News
Rishi Sunak to become next PM
Rishi Sunak is set to become the next leader of the Conservative party and the UK prime minister after becoming the sole candidate to surpass the threshold of 100 votes. Penny Mordaunt announced she was withdrawing from the race only minutes before the nominations deadline at 14:00 BST today (24…
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20 OctoberCurrent Affairs
Liz Truss steps down as prime minister
Liz Truss has announced that she is standing as prime minister after a turbulent week for the government, just six weeks after taking up the premiership. The statement of her resignation was made at 13:30pm today (20 October) following a meeting between Truss and Sir Graham Brady, chairman of the…
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