Over 83,000 restaurants have now signed up for the government’s Eat Out to Help Out scheme, designed to protect jobs and boost sales in the hard-hit hospitality sector. In the first week alone, over 10.5 million meals were discounted, however, just how much is this helping the industry?
On 8th July 2020, the Chancellor, Rishi Sunak, delivered a “mini-Budget” in response to the Covid-19 outbreak, announcing several measures to support the Hospitality & Tourism industry, such as VAT cuts and the introduction of the “Eat Out to Help Out” scheme. We have summarised the key announcements and action points.
The latest in our quick-fire client interviews held during lockdown: Social Distancing with Katrina Kutchinsky, founder of AKA Communications, an independent Communications and PR agency. Katrina explains how hospitality businesses can bounce back post-COVID and gives us an insight into the Soho Summer Street Festival.
The first in a series of quick-fire client interviews held during lockdown, we speak to Chris Miller, founder of White Rabbit Fund, backer of restaurant brands such as Kricket, Kym’s, Lina Stores and Island Poke, and a star of BBC’s Million Pound Menu. Chris discusses how they have been affected by Covid-19, how operators should plan ahead and shares his advice to other restaurateurs.
** Updated 24 March 2020 ** The rapid spread of the COVID-19 is presenting unprecedented challenges for our restaurant and hospitality clients. We have set up a specialist team to closely monitor all the unfolding developments and gather further details on loans, grants and subsidies to help you navigate your way through these circumstances.