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News & Press: General

UKHospitality welcomes step towards withdrawal agreement

22 November 2018   (0 Comments)
Posted by: Chris Banks
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UKHospitality Press Notice
FOR IMMEDIATE RELEASE
22 November 2018


UKHospitality has welcomed the agreement in principle between the Government and the EU on a Brexit declaration.

UKH has also stressed the importance of avoiding a no deal scenario.

UKHospitality Chief Executive Kate Nicholls said: “This is a positive step forward for businesses looking for stability and clarity in order to plan their investment.

 “Hospitality operators need to know they will have the reassurances provided by a deal. It cannot be stressed enough that a no deal Brexit would present the sector with severe problems and would have a serious impact on confidence. This agreement demonstrates a clear alignment on a direction of travel.

 “This crucial step in securing a Brexit withdrawal agreement will provide much-needed confidence that a no deal scenario will be avoided.”


ENDS

Notes to editors

  • UKHospitality is the new trade body representing the UK’s hospitality sector, established following a merger approved in February 2018 between the Association of Licensed Multiple Retailers (ALMR) and the British Hospitality Association (BHA)
  • UKHospitality is the authoritative voice for over 700 companies, operating around 65,000 venues in a sector that employs 3.2 million people
  • The body speaks on behalf of a wide range of leisure and ‘out-of-home’ businesses, from FTSE 100 enterprises to niche groups and independent single-site operators
  • For the first time, the sector has a single voice bringing together businesses from all aspects of hospitality; coffee shops, hotels, serviced apartments, pubs, restaurants, leisure parks, nightclubs, contract caterers, entertainment, stadia and visitor attractions
  • Engaging with government, the media and the public, UKHospitality works to develop a robust case on how to unlock the industry’s full potential as the biggest engine for growth in the economy and ensure that the industry’s needs are effectively represented
  • The sector creates £130bn in economic activity and generates £38bn of tax for the Exchequer, funding vital services
  • Hospitality represents 10% of UK employment, 6% of businesses and 5% of GDP
  • Hospitality is the 3rd largest private sector employer in the UK; double the size of financial services and bigger than automotive, pharmaceuticals and aerospace combined
  • Member benefits include free advice and expert guidance on regulation, finance and health and safety as well as savings on services from carefully selected business partners.

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