Expert Insight
NEWS from
For the uninitiated, a sector deal is an agreement with the Government to prioritise and sector a sector as a drive of economic growth and job creation. It will see the creation of a Hospitality and Tourism Skills Board, promoting hospitality as a career of choice, supporting and funding a three-year industry-led skills and recruitment campaign.
The Government is absolutely right to single-out tourism as one of the most vital sectors in the country. Stats published in December by Visit Britain
Wage increases must be mitigated by business tax cuts, says UKHospitality.
Following the announcement of April’s minimum wage rates, UKHospitality has urged Government to cut business taxes to support higher wages.
Commenting on the Government's adoption of the Low Pay Commission's recommendations for rates from April 2020, Kate Nicholls, CEO, said “Hospitality operators absolutely want to reward the great work of their staff.
Kate Nicholls UKHospitality Chief Executive
A new year means new challenges and new opportunities. In 2020, UKHospitality is going to be focusing heavily on helping the hospitality sector deliver on the opportunities provided by the Sector Deal for
Tourism. With tourism and hospitality so intimately linked, the boost that tourism businesses feel should have a very positive knock-on effect for hospitality. To date, sector deals have been announced for just ten sectors, so for tourism to be recognised represents a significant show of faith from the Government.
highlight the immense value of inbound tourism to the economy. Visit Britain forecasts the sector to be worth £27bn this year, which would make it more valuable than all of the UK’s food and drink exports. VB also calculates that inbound tourist spend in the hospitality sector to be a hugely important aspect of the sector. Recent figures show that 61% of visitors eat out when they visit our country and 42% of them visit a pub. Additionally, 19% of them go to a nightclub or a live music event. Spend by tourists in the night-time economy stands at £4.3bn with £2.6bn spent on
In order to make that growth sustainable, other measures are needed to mitigate cost growth.
“UKHospitality has long argued that business rates place an unfair burden on hospitality. It is now critical that rates are cut for the sector in April, to provide relief while the Government's commitment to a more fundamental review of business taxation is delivered.
“The new Government must also address employer National Insurance Contributions (NICs) so
live music. Events such as the European Football Championships, which is being held across Europe including a number of matches in London and Glasgow, should inspire tourists to come to our shores. There is every reason to think that this year could be a great one.
Clearly, the UK’s tourism offering is one of the hottest anywhere in the world and hospitality is absolutely at its centre. We will therefore be making sure that the Government keeps its promise to support recruitment and training.
that business can pay higher wages while continuing to invest in their businesses and future jobs.
“We welcome the continued oversight of the LPC in ensuring that future wage rates are set independently and safeguard the economy. This is particularly important outside of London where it is harder to mitigate wage increases with price increases. We look forward to working with the LPC to deliver on industry and Government’s shared ambitions for the workforce.”
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January 2020
www.venue-insight.com
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