The UK hospitality industry faces many challenges, not least its steadily deteriorating finances as detailed in our recent sector report. Among the most intractable are ongoing and chronic staff shortages, which undoubtedly underly a significant proportion of the financial pain. The situation has reached such a pitch that the All-party Parliamentary Group for Hospitality and Tourism had announced it was
Economic signals are still mixed but positive overall With the release of many more positive economic announcements in recent weeks, has the UK economy finally turned a corner as the government and the Bank of England are suggesting, or are we all getting ahead of ourselves? Only time can answer this question, but many, although not all of the signs
The UK economy appears to be on a slow upward trajectory in 2024 after a rocky start and on the back of a tough business landscape in 2023. We hope this trend continues and improves as UK business owners desperately need some stability and growth. Delving deeper into April’s stats, there was mixed news with a pleasant surprise in the
Green shoots of recovery or another false dawn? The chart of the UK’s monthly GDP movement over the past thirteen months, published in mid-March by the Office for National Statistics, confirms just how erratic and weak our growth performance was in 2023. There were six monthly rises and six monthly falls, all of less than 0.75% and most far smaller
