BUSINESSTHE GUARDIAN WORLD
Nearly 25% of UK pubs and restaurants lose money, research shows
Nearly 25% of UK pubs and restaurants are losing money, according to new survey data. Celebrity chefs and restaurateurs, including Tom Kerridge, are campaigning for a VAT cut from 20% to 10% in the hospitality sector.
Related Signal
Adjacent reporting
- Top chefs call for VAT cut as hospitality industry battles for survival
- Top chefs back Andy Burnham for prime minister to cut VAT on hospitality
- Burnham vows to slash pubs' business rates by 20% if he becomes PM in challenge to Starmer saying ministers 'have got this wrong' - and he could axe them entirely for cafes and shops
- Two British pubs are closing every DAY in first quarter of 2026 after struggling with 'sheer weight' of tax rises - equating to 2,400 job losses
- The Real Greek to shut nine restaurants with loss of 151 jobs as costs soar under Labour
- Hong Kong urged to export food culture as Cantonese restaurants hit hardest by slump