Iain

@ghodoussi @Carabao_Cup Thank you both so much 🖤 🤍

Amanda and I had a dream when we first came to Newcastle, that dream came true tonight 🖤🤍 #HWTL #NUFC @Carabao_Cup

@TonyRoddUK The rate of VAT needs to drop and the registration threshold for smaller businesses in general must be raised. £85k turnover is nothing and is completely out of date. Really sorry to read what you’re going through. It’s a truly horrible time for our industry.

Here's the thing. There's no magic wand to save hospitality. It needs to be many things. VAT needs to drop. Without service charge, your total bill is roughly: 20% VAT 30% food and drink cost 40% staff costs That leaves 10% for rent, energy, business rates, contracts and

@Sacha_Lord And an adjustment to the threshold - this is also extremely important and needs to be pushed as much as a reduction in rate.

A reduction in VAT is the one single mechanism that will save Hospitality businesses, jobs and supply chain. We are now on an election footing. Whoever you are voting for, ask if they will support a VAT reduction. Hospitality is the beating heart of your community.

@UKHofficial @UKHospKate VAT reform is imperative. Threshold for reg needs to double at least, and rate must half.

.@UKHospKate revealed our 3-point plan for helping the sector, post Autumn Statement: 👉 Investment: a permanent, lower rate multiplier, reform for rents & planning 👉 Jobs: 2× employer NI thresholds, reform Apprenticeship Levy 👉 Growth: VAT should be cut & allowances reformed

@pub_that Agreed. A VAT reduction and reassessment of the threshold which is years out of date.

Hospitality guys, we have to now all come together on mass and as an industry push the Government for a VAT reduction in the Spring budget or many businesses will be lost. We have to shout louder and encourage those that claim to represent us to do the same.

The rise in minimum wage is fantastic news for millions and well overdue. The Govt aren’t giving you this though, businesses are. Many Hospitality businesses are breaking even/making a loss. A Spring VAT reduction is now needed more than ever, to offset this increase.

Gary is absolutely right. Our industry has seen record closures this year (6 F&B venues a day at the moment), and the Autumn statement hasn't offered us any additional support. Expect to see more closures. In the mean time, please support your local businesses where you can.

@AlexReilley1 A change to the VAT rate / threshold would have been the biggest help to combat current challenges for hospitality SMEs, and that’s before the rise in NLW was announced. Now we’ve got to find an extra ~10% extra profit to just stand still and cover wages. Nowhere near good enough

THE FARCE Business rates support is a continuation of existing support (& is vital to many). A beer duty freeze is just that - a ‘freeze’ & is worth absolute buttons. The cost of inflation-busting NLW is being picked up by business not the govt (along with the employers NI...

@Sacha_Lord VAT has got to be the next campaign. Finding an extra 10% in profit just to cover wage increases before other rises in utilities / rent / costs is just not going to be possible for so many small (especially hospitality) businesses. Feeling absolutely abandoned, again.

I'm pleased to see The Chancellor has listened and agreed to extend the current Business Rates Relief in todays statement. The extension will allow Hospitality operators a bit of breathing space. We must now work together, in calling for a VAT reduction in the Spring Budget.

Absolutely deflated. Small businesses have to find a near 10% extra PROFIT to account for the pay rises next year, but without anything meaningful to balance the books. All feels a bit hopeless.

@simonjamesjupp @UKHofficial @UKHospKate Please please please look at VAT. It is absolutely crippling us.

@ThreeUK @iD_Mobile_UK Could you please investigate a network fault in NE28 as soon as possible? Internet virtually unusable tonight with similar reports from other areas. Thank you.

@PolitlcsUK @thetimes It’s like the captain of the titanic offering people free swimming lessons

Bro doesn't even want to be here. 💀

If you’re struggling to keep up with the news, let me summarise: 1. The world is burning 2. Our govt are crooks 3. Saudis own everything 4. There’s sewage in the water 5. The NHS has snapped 6. Brexit was shit 7. Billionaires run the world 8. Energy companies are Satan 9. Butter costs a tenner 10. Let’s blame immigrants

@LeeAndersonMP_ Probably taking the Napoleonic approach of sitting back quietly as you destroy yourself.

Why are the silent? 👇 "The left wing mainstream media has gone into meltdown over my comments but, interestingly, I am yet to see one Labour front bench MP disagree with my comments. "Is this another U-turn from Labour because their silence is deafening." express.co.uk/news/politics/…

@thetimes 'Once the economy improves' lol.

Rishi Sunak will set Britain on the path to lower taxes before the next election once the economy improves, a cabinet minister has said #Echobox=1691210932-1" target="_blank" rel="nofollow noopener">thetimes.co.uk/article/grant-…

@theipaper Stupid cunt.

💬 “We were told Brexit was not going to impact our life abroad, that it would be just a matter of formality. People who had second homes in Europe, or planned to buy one, were never given the correct information on the vote outcome,” said Greg Walter trib.al/c0qhsmk

@SkyNews Of course they fucking have.

The four biggest UK supermarkets have doubled their profit margins on fuel since Russia invaded Ukraine in February 2022, analysis has revealed. trib.al/DgSXl0w

@PeterBorgNeal Rate is far too high and the threshold for registration is far too low. Our input VAT is minuscule compared to the output VAT, as it is for many hospitality businesses. It’s a huge tax burden that we’ve got to deal with on top of energy, wages, stock and lower customer spending.

The VAT rate for the hospitality industry: France 10% Germany 7% Italy 10% Spain 10% Ireland 9% United Kingdom 20% The UK has the highest rate in Europe.