Leisure and Hospitality Current Issues

The industry has seen rising costs in terms of minimum wage, VAT rises, business rates and prices on the back of increasing global and local competition. The leisure and hospitality sector performed well in 2015 on the backdrop of an improving marketplace and increasing consumer confidence. However, the impact of the new National Living Wage could slowdown that growth throughout 2016 as businesses look to overcome a significant rise in wage bills.

• National Minimum Wage to rise again in October 2016
• The impact of the National Living Wage on the hospitality sector

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The Chancellor recently announced a number of positive measures to reform business rates in the UK: Firstly, business rates have been devolved to Scotland, Northern Ireland and Wales. Secondly, there will be cuts on business rates for approximately half of all properties in England from 1 April 2017.

• Business rate changes, including worked examples

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In April 2017 the way the government funds apprenticeships in England is changing, with the introduction of the new apprenticeship levy. The government first announced the new apprenticeship levy in the 2015 Autumn Statement, but has since provided additional details on how the levy will work.

• The new apprenticeship levy explained

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On 23rd June 2016 the UK voted to leave the European Union. From the argument over selling bendy bananas to the threat of an emergency Budget, the EU referendum campaign has undoubtedly had its share of the headlines over the past couple of months. The biggest headline now though is of course that the UK has voted to leave the EU.

• What does Brexit really mean for you?

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Energy efficiency

There are numerous opportunities for operators within the leisure and hospitality sector to reduce costs by becoming more energy efficient and more waste efficient. In this article we look at how firms could reduce their energy bills, how much it might cost and why it is becoming increasingly more important.

• Becoming more energy efficient in the leisure and hospitality sector

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