Brewing and hospitality have left Liz Truss in no doubt as to what he priorities should be for our sector when she takes up her role as prime minister tomorrow.
Naturally, all are saying how much they will look forward to working with the new PM and her team. But they expect action — and swiftly.
“CAMRA is urging the prime minister to take urgent action to introduce an energy price cap to help the UK’s world-famous pubs and breweries with the astronomical energy bills which threaten to destroy livelihoods and close scores of pubs for good,” said the organisation’s chair, Nik Antona.
“If pubs increased prices for consumers at the same rate as their energy bills, we would be paying £15 or £20 per pint at the bar, which obviously isn’t viable.
“Without help reaching them quickly, many businesses that survived the pandemic will be forced to close their doors for good with devastating consequences for communities up and down the country.”
Emma McClarkin, chief executive of the British Beer & Pub Association, said: “It is crucial that the new government hits the ground running and puts plans in place to urgently tackle the rocketing energy prices which are putting pubs and brewers in real jeopardy.
“The pub and brewing sector makes a huge contribution to our economy and local communities throughout the UK, yet is in an extremely precarious position. It’s not an exaggeration to say what we are facing, in terms of rising costs, could have a worse impact than the pandemic in terms of business closures and subsequent job losses.
“This is why we have written to the new prime minister today calling for urgent investment in our sector which will enable us to weather the storm and play a key role in the prime minister’s plan for growth.”
Kate Nicholls, chief executive of UKHospitality, told Propel: With the right package of support — including a reduction in the headline rate of VAT for the sector to 12.5%, a business rates holiday, the deferral of all environmental levies, the reinstatement of a HM Revenue & Customs Time to Pay scheme, and the re-introduction of a trade credit insurance scheme for energy — the sector will be well placed to aid growth through generating jobs and local investment.
“Pre-pandemic, our industry spent £10bn a year in high street regeneration and employed 3.2 million people, but with energy bills for hospitality businesses rising 300% on average — and as high as 750% in some cases — we desperately need a package of support put in place if we are to be able to play our part in the UK’s economic recovery and growth.”