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  • Inflation signals a £1billion hike in the UK bank rate next year

    Inflation signals a £1billion hike in the UK bank rate next year

    Thursday, October 21, 2021

    Persistently high inflation last month signalled that business rates for entreprenews in England could rise by roughly £1bn by next April.

    The Office for National Statistics said on Wednesday that inflation was 3.1 per cent in September, down from 3.2 per cent a month earlier.

    The September inflation calculation is used by the Government to determine the rise in company taxes, the property tax paid by British companies.

  • Labour and material shortages driving up

    Labour and material shortages driving up

    Wednesday, October 20, 2021

    The report highlights the negative effects of an acute shortage of staff, especially for lorry drivers, pickers, and production and production personnel.

    Scarcity of packaging and crop problems in some parts of the world have contributed to supply chain problems throughout the food sector.

    The number of job vacancies in the UK hit a record high in the third quarter of 2021, with the food sector currently having the biggest impact, with close to six empty jobs per 100 people.

  • Restaurants, pubs and bars enjoy jump in sales in September but London struggles

    Restaurants, pubs and bars enjoy jump in sales in September but London struggles

    Tuesday, October 19, 2021

    Supported restaurant, pub and bar groups reported "substantial jump in sales" in September, according to the latest issue of Coffer CGA business tracker.

    September trade had been boosted by strengthening consumer confidence about security and spending, good weather in several sectors and continued stagnation.

    The study, produced by CGA in partnership with Coffer Group and RSM, showed that aggregate sales were 8% on previous year, ahead of September 2019.

  • Amazon offers to pay Plymouth employees to drive to work

    Amazon offers to pay Plymouth employees to drive to work

    Thursday, October 14, 2021

    In Plymouth, where the number of people applying is down over 7,611 from a week ago-a 31 per cent drop-there are over 40.000 job advertisements on the site and over 1.000 on the Government website, with around 70 per cent of those being full-time or permanent jobs.

    The offer, which runs until the end of October, is for a full time-picker, who sorts and ships parcels without skills or experience.

    With vacancies at a national peak, the situation is probably same in Plymouth and in the entire south west, he said, which would also have the effect of raising wages.

  • UK jobs hit record high as Bank of England considers first rate hike

    UK jobs hit record high as Bank of England considers first rate hike

    Wednesday, October 13, 2021

    The figures showed on Tuesday that the number of open positions in Britain is at a record high of nearly 1.2 million, and the Institute for Employment Studies (IES) estimated that around 900.000 workers were lacking, the Associated Press news agency reported.

    Data is expected to support talk abounds of BoE rate rise

    The agency also found that the jobless rate in Britain fell further to 4.5% between June and August, from 4.6% in the quarter to July.

  • Number of job vacancies reaches record summer high

    Number of job vacancies reaches record summer high

    Tuesday, October 12, 2021

    The number of British workers on company payrolls has risen more than 120.000 above pre-pandemic levels, following a record jump in September, as the number of job openings stood over 120,000 million for the second consecutive month, the latest figures show.

    The number of existing positions rose again - up a massive 0.4 percent in the latest quarter through August - despite still falling unemployment.

    The data also showed another record jump in job openings, which surged almost 1.2 million in September estimates.

  • AJ Capital Partners announces acquiring Slieve Donard Resort & Spa

    AJ Capital Partners announces acquiring Slieve Donard Resort & Spa

    Monday, October 11, 2021

    The Slieve Donard Resort and Spa has been acquired by Adventurous Journeys (AJ) Capital Partners, the owner of the Slieve Donard Resort and Spa, in Newcastle, Northern Ireland.

    The property was bought through Hastings Hotels, the largest independent hotel operator in Northern Ireland, which has owned the property since 1972.

    Hastings Hotels today announced the sale of the Slieve Donard Resort and Spa to Nashville-based Adventurous Journeys (AJ) Capital Partners, a specialized real estate developer and hotel operator which owns and operates over 40 hotels in U.S.A. and U.K. locations.

  • Greggs expands across Central London despite inflation pressures and staff shortages

    Greggs expands across Central London despite inflation pressures and staff shortages

    Thursday, October 7, 2021

    Greggs twarned of supply problems driving up the price of food and labour - which carries the risk of future price rises, as it pledged that sausage buns are safe despite the UK's pork crisis and announced plans to expand overseas.

    Greggs chief Roger Whiteside raised its profit guidance, redoubled his prediction that the baker would grow to 3000 outlets and made a clear message for Londoners: here we are.

  • New campaign calls on Chancellor to "lock in" low VAT permanently to encourage hospitality and tourism

    New campaign calls on Chancellor to "lock in" low VAT permanently to encourage hospitality and tourism

    Thursday, October 7, 2021

    UK Hospitality has announced a new # VATsEnough campaign targeting the very poor.

    #VATsEnough campaign follows rise in VAT on catering and tourism to 12.5% on 1 October.

    While last year's landmark Ministry of Finance decision to lower VAT on these sectors helped many venues weather the crisis, on current plans, VAT will rise back to its pre-pandemic level of 20 percent in April 2022, at the precise time that the peak season begins next year.

  • Edinburgh zoo caterer introduces giraffe-themed menu after contract extension

    Edinburgh zoo caterer introduces giraffe-themed menu after contract extension

    Thursday, October 7, 2021

    Edinburgh Zoo in Scotland announced a contract extension for its catering and entertainment.

    Restaurant Associates have reached a three-year agreement extension with Edinburgh Zoo, the Royal Zoological Society of Scotland.

    The Giraffe Cafe features a menu and beverage menu centred around the giraffe to celebrate the giraffe's arrival at Edinburgh Zoo.