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      Inside Formula 1’s £10,000 hospitality ticket on the back of a moving lorry

      Black Formula 1 hospitality truck driving on a race track at dusk, bright lights and sponsor banners visible.

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      Inside Formula 1’s £10,000 hospitality ticket on the back of a moving lorry

      Black Formula 1 hospitality truck driving on a race track at dusk, bright lights and sponsor banners visible.

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Business Rates

  • Richard Branson says UK must ‘make it easier’ to be an entrepreneur

    Entrepreneurship

    Sir Richard Branson has called on policy makers to do more to support and “champion” British entrepreneurs. The founder of Virgin Group, who launched his iconic business selling records in 1970, said the UK must go further to create an environment where entrepreneurs want to set up and run a business. Writing in City AM, [...]

    Richard Branson with arms raised in victory on a modern staircase inside St. Pancras International Station
  • No 10 backs ‘vertical drinking’ in Soho pubs

    Hospitality

    Downing Street has waded into the debate over so-called “vertical drinking” and called on Westminster City Council to “work with” the industry to maintain the culture of pints outside London pubs.  “Busy pubs full of people talking to each other is not a public nuisance, it is British life and it is thousands of jobs,” [...]

    Pub-goers 'vertical drinking'.
  • Heathrow boss warns Burnham against Budget raid after hub’s tax bill doubles

    Aviation

    The boss of Heathrow has warned Andy Burnham against using business as a cash cow at his maiden Budget this autumn, after the airport’s tax bill more than doubled in the space of a year. Thomas Woldbye said the aviation sector is one of the most heavily taxed industries in Britain, and that uptick in [...]

    Heathrow CEO Thomas Woldbye in a suit and tie, speaking at an event, warning against a tax raid.
  • Hilton, Butlins left fuming over business rates snub 

    July 24, 2026

    Hilton and Butlins have been left fuming after being snubbed by Andy Burnham’s pledge to slash business rates for pubs, clubs and music venues.  The two hospitality giants said that hotels and resorts have been unfairly ignored by successive government interventions to cut the business rates bills of hospitality firms.  Stephen Cassidy, senior vice president [...]

  • ‘Dwarfed by other costs’ – Why cutting business rates for pubs won’t save the sector

    July 24, 2026

    Andy Burnham has unveiled his long-awaited support for the UK’s struggling pubs, but the hospitality industry is contending with far more pressures than just business rates Andy Burnham’s pledge to cut business rates for pubs, clubs and music venues is expected to save each venue more than £1,000 next year in a move that comes [...]

  • Social media ban driving ‘screen-free’ sales, The Works boss says

    July 23, 2026

    The boss of discount retailer The Works has said the government’s crackdown on social media usage has driven customers towards the “screen-free activities” offered in his stores. Gavin Peck, chief executive of the Aim-listed retailer, believes Labour’s incoming social media ban has pushed up demand among parents for analogue activities for their children and was [...]

  • ‘Ever-widening gap’: Wetherspoon boss Tim Martin urges Burnham to cut more pub taxes

    July 23, 2026

    JD Wetherspoon boss Tim Martin has called on the Prime Minister to go further to reduce the soaring tax burden faced by pubs. The chairman of the UK’s best-known pub chain said Burnham’s decision to slash business rates for pubs is an “implicit recognition that the hospitality sector is over taxed”. The Prime Minister announced [...]

  • Burnham to cut pub business rates by 20 per cent

    July 23, 2026

    Andy Burnham has unveiled a 20 per cent cut to business rates for pubs, clubs and music venues. The £100m commitment will be funded by cracking down on businesses, like vape shops and tax-avoidant online sellers, which “do not make a positive contribution to local communities,” the government said. The measure comes as part of [...]

  • Wetherspoon shares dive as pub chain warns on profit again

    July 22, 2026

    JD Wetherspoon shares slumped after it issued its fourth profit warning this year, as the pub chain grapples with surging food and energy costs and a rising business rates bill.  Tim Martin, founder and chairman of the UK’s best-known pub chain, said: “Profits for the year are likely to be below market expectations, with marginally [...]

  • Warehouse tax could threaten high street businesses, Burnham warned

    July 20, 2026

    Andy Burnham‘s plans to hike taxes on warehouses to pay for business rates cuts for pubs and shops could backfire and raise costs for high street businesses, industry figures have warned. The UK Warehousing Association (UKWA), a trade body representing retailers including Amazon, Co-op and John Lewis, has written to the new Prime Minister urging [...]

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