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BIZARRE: 2 - What They Never Told You

New York Times accuses ChatGPT maker OpenAI and Microsoft of copyright infringement – as it happened

Rolling coverage of the latest economic and financial news, as news publisher says AI tools use its content without permission

The Guardian - UK

New Migration Requirements Are Pushing Women And Small Businesses Out Of The UK

Women, children and small businesses are bearing the brunt of the government's new anti-immigration strategies, according to experts.

International Business Times UK

Pub and bar groups hope for strong Christmas trade in London, but rail strikes to hit total hospitality spend

Pub and bar groups look to be in line for bumper Christmas party trade in London with bookings on the up, but the industry warned rail strikes could hurt total hospitality spend in the capital.

Evening Standard

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Brexit, COVID And Strikes Have Left Hospitality Businesses In 'Crisis'

UK Hospitality says businesses are left in "crisis" mode after the recent Autumn Statement announced that the standard business multiplier would increase by more than six per cent.

International Business Times UK

‘It’s soul-destroying to have one customer on a Saturday’: Is the party over for the UK’s pubs and clubs?

Reeling from Brexit, Covid and soaring energy costs, UK pubs and clubs are calling time on opening all week. Can they survive?

The Guardian - UK

Hospitality companies face £160m sales hit from upcoming tube strikes

UKHospitality said firms are set to experience lost sales to the tune of £160 million later this month

Evening Standard

Thousands of businesses can’t afford crippling rates on taxpayer-backed Covid loans

Exclusive: Figures show £26bn was loaned out to around 100,000 firms under the government-backed scheme, but only one in four have paid off the debt

The Independent UK

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Coronation treats: Retailers ready as consumers stock up for festivities

Searches for coronation-themed recipes are soaring and supermarkets are stocking up on Champagne, scones, jam and clotted cream.

The Independent UK

Bars and restaurant businesses would be ‘naïve’ to think government will cut VAT again, says UK hospitality leader

The government cut tax during the pandemic, but won't be doing it again says Kate Nicholls

Manchester Evening News

Hospitality bosses urge Chancellor to reform rates, planning and licensing in 2023 budget

UKHospitality Chief Executive Kate Nicholls said that without these changes, some hospitality companies could go out of business

Evening Standard

UK may avoid 2022 recession after growing 0.1% in November – as it happened

UK economy beat forecasts with 0.1% growth in November, as food and drink businesses benefited from the FIFA World Cup

The Guardian - UK

Pubs and restaurants could cut opening hours to survive ‘perfect storm’ this year

Businesses considering cutting capacity by up to 20 per cent, hospitality chief warns

The Independent UK

Hospitality faces 'perfect storm' in 2023 as ministers look at halving energy bill support

The Chief Executive of UK Hospitality Kate Nicholls said companies are facing soaring energy bills, record levels of inflation, lower consumer confidence, and a £1.5billion hit from December's rail strikes

Daily Mirror

250,000 hospitality jobs at risk without more energy bills support, industry chief warns

Warning thousands of businesses will ‘have no option but to hand back the keys’

The Independent UK

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The Guardian - UK

Energy firms accused of profiteering with ‘horrendous rates’ for care homes

Exclusive: Care England calls for Ofgem investigation into suppliers’ practices in letter seen by the Guardian

Birmingham Post

Autumn Statement: Businesses tell us what they want from fuel duty, energy bills to business rates

Businesses draw up their wish list ahead of the Autumn Statement on November 17

The Guardian - UK

‘We need help now’: UK hospitality warns of ‘tidal wave’ of closures as crises loom

After lockdown closures, supply and staffing issues, inflation and high energy bills could be fatal for many businesses

Evening Standard

£14 pints? Pubs say they’ll call orders long before then — but vow to battle on

Soaring energy prices, runaway inflation and the cost of living crisis pose a life-or-death threat to hospitality businesses, especially in London. Publicans and restaurateurs say they have little choice but to dramatically raise prices — so, asks David Ellis, what can be done to help them?

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The Guardian - UK

Hospitality sector: mini-budget judged a missed opportunity to help

Freeze on alcohol duty welcomed, but lack of new measures to support struggling businesses disappoints

Evening Standard

Pub and restaurant body challenges Chancellor on VAT budget omission

UKHospitality boss insists ignored business rates must also be urgently addressed in autumn budget or before

The Independent UK

Pub boss faces ‘up to 25%’ slump in trade due to rail strikes

Clive Watson, founder of City Pub Group, said it is ‘barely worth opening’ some sites near train stations.

The Guardian - UK

UK’s star chefs get creative to keep menu prices down

Faced with staff shortages, soaring food costs and rising pay, restaurants are trying out less expensive ingredients

Evening Standard

Grant Shapps accuses union of ‘punishing millions of innocent people’ with strikes next week

The Transport Secretary alleged the RMT had ‘ignored’ requests to negotiate a deal ahead of widespread industrial action

The Independent UK

Rail strikes ‘will cost Covid-hit tourism and leisure industry £1bn’

Next week’s planned strike action will be the ‘biggest dispute on the network since 1989’

Wales Online

Rail strikes next week will cost £1billion, Government told

“We would urge all sides in this dispute to try and come together to resolve this issue so that we don’t put commuters, visitors, tourists at a disadvantage and we don’t damage our businesses.”

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