Sector responds to policies outlined in King's Speech

The hospitality sector has welcomed several new policies outlined in the King's Speech, delivered yesterday (17 July) at the state opening of parliament. 

King Charles announced that a number of hospitality-focused bills will be brought forward over the next year, in areas concerning planning, the Apprenticeship Levy reform and employment rights.

No mention of Business Rates

Kate Nicholls, chief executive of UKHospitality, comments: “The next session of Parliament will be essential in kickstarting the growth needed to achieve the government’s objectives.

“It’s positive to see significant measures announced today that can help hospitality achieve its growth potential of 6% a year.

“With no mention of business rates in today’s King’s Speech, the autumn fiscal statement is now all the more important to drive the government’s plan for national renewal and to show clear progress on delivering its manifesto commitment to fix the broken business rates system. Particularly as businesses are facing an end to 75% rate relief next April if action isn’t taken.”

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