cover of episode UK Hospitality: 10% of Businesses At Risk This Winter (Audio)

UK Hospitality: 10% of Businesses At Risk This Winter (Audio)

2022/9/22
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition

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Shownotes Transcript

Kate Nicholls, CEO of industry group UK Hospitality, says without additional government support for the sector, 10% of businesses in the sector face failure this winter. She tells Bloomberg's Tom Mackenzie and Stephen Carroll that targeted business rate cuts and VAT relief are needed, on top of the government's £40 billion package to limit energy costs, announced on Wednesday. See omnystudio.com/listener) for privacy information.