UKHospitality Urges Government to Implement Six Measures for Energy Cost Relief Amid Rising Prices
📈 UKHospitality calls for government aid amid rising energy costs, suggesting a cap on energy deposits, contract obligations, and avoidance of sector profiling. They propose grants for firms ending fixed-term contracts, reduce non-commodity charges, halt additional levies, and conduct a CMA investigation. Industry leaders urge cuts to VAT (10%), lower business rates, and stop holiday tax. Allen Simpson highlights concern over the Middle East crisis impact, urging swift government intervention to prevent business loss.
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