It has recently been announced that the Recovery Loan Scheme, which was launched in April 2021, has been extended for two years to continue to provide access to up to £2m for businesses recovering from Covid and, latterly, facing the challenges associated with the cost of living crisis. Read the announcement here. Follow this link...
Category: News & Trending
British Retail Consortium says shop price inflation has reached new heights
July saw the highest rate of shop price inflation since the British Retail Consortium’s index began in 2005, as heightened cost pressures continued to filter through to customers. The Consortium says that rising production costs – from the price of animal feed and fertiliser to availability of produce, exacerbated by the war in Ukraine –...
National Insurance thresholds change on 6 July 2022
On 23 March 2022, the UK government announced in its Spring Statement 2022 that National Insurance thresholds would increase for the 2022 to 2023 tax year. This means employees and self-employed people will pay National Insurance contributions on less of their income or profits. For a table on the different types of National Insurance (the amount people...
Consultation calling for evidence on the holiday letting market
The Government has launched the consultation calling for evidence on the holiday letting market. The purpose of the consultation is two-fold: To enable DCMS to better understand the benefits and challenges of the increase in short-term and holiday letting in England, focusing on the size and shape of the market; the application, awareness and enforcement...
Holidaying abroad rises in popularity
Each year, the Post Office Travel Money Holiday Spending Report reveals its latest research into consumers’ holiday spending and behaviour. The 2022 research show Britons are set to flock abroad this year, with many citing the high cost of UK breaks as a key reason for heading overseas. Key findings include: Over half of those...
Hospitality staff shortage at a record high despite the sector creating nearly one in three of all new UK jobs in the last year
Latest ONS labour market figures show hospitality generating hundreds of thousands of new jobs across the UK, but sector recovery is being held back by a chronic staff crisis, according to UK Hospitality (UKH). UKH reports that figures released by the ONS show that the hospitality sector is experiencing 83% more vacancies across the sector...
Questions in the House regarding the introduction of a tourist accommodation registration scheme
Answered on Friday 20 May 2022 by the Department for Digital, Culture, Media and Sport Wera Hobhouse MP: To ask the Secretary of State for Digital, Culture, Media and Sport, what her timetable is for consulting on the introduction of a tourist accommodation registration scheme. Nigel Huddleston MP responded on behalf of the government: “The...
Petition to allow camping on farmland
A petition is titled “Allow Camping on Farmland for 56 days a year under permitted development” is in circulation and can be found here. If 10,000 signatures are obtained, the government will need to respond and at 100,000 signatures, the petition will be considered for debate in parliament. The organisers of the petition comment: “We ask...
Forestry England invites operators to submit tender applications
Forestry England is inviting operators to submit tender applications to manage and operate their 13 established campsites across England. Following the announcement earlier this year that the Camping and Caravanning Club has sold their majority interest in the Camping in The Forest (CiTF) business to Forestry England and Forestry and Land Scotland, Forestry England are...
EU import checks delayed
The introduction of full import checks on EU goods – planned for the summer – has been delayed until the end of 2023, Government has said. Jacob Rees Mogg commented in a written statement: “No further import controls on EU goods will be introduced this year. Businesses can stop their preparations for July now. We...