Hospitality businesses demand support at SNP Budget as pubs and restaurants left ‘shattered’

Hospitality businesses are clamouring for support ahead of the SNP Budget as pubs and restaurants struggle to stay afloat, with many being forced to shut down. The hospitality industry in Scotland has been described as “shattered” due to significant increases in the costs of food and drink, as well as soaring energy prices. Recent data has shown that bars in Scotland are closing at twice the rate of those in England. As a result, industry leaders are urging the SNP Government to address the challenges faced by high street businesses in the upcoming Budget.

The Scottish Hospitality Group is calling for a reduction in non-domestic rates to alleviate the financial burden on businesses. There are concerns that recent decisions by the UK Government, such as the increase in National Insurance contributions, will further impact the licensed trade. Stephen Montgomery, a representative from the Scottish Hospitality Group, highlighted the need for greater support for the sector, emphasising the importance of not burdening working people with excessive taxes.

With the Budget approaching, stakeholders are stressing the necessity of reforms to the rates policy to better support local economies. The Scottish Labour Party has criticised the current rates system, labelling it as not fit for purpose and asserting that businesses have been shortchanged for too long. The call for action comes amidst a financial boost for Scotland from Westminster, prompting demands for the Scottish Government to reduce the non-domestic rates burden in the upcoming fiscal year.

SNP ministers have been urged to match the ambition shown by the UK Labour government in supporting businesses and fostering economic growth. The focus is on revitalising high streets and ensuring that businesses are not disadvantaged in the pursuit of addressing budgetary challenges. Calls for long-term reforms and a commitment to supporting local economies have echoed throughout the discussions on the upcoming Budget.

In response to these demands, the Scottish Government is expected to provide clarity on its stance and plans to support the hospitality industry. As the sector continues to face unprecedented challenges, stakeholders are emphasising the urgency of addressing key issues to ensure the sustainability and growth of businesses across Scotland. Amidst ongoing negotiations and calls for support, the forthcoming Budget announcement is eagerly awaited by the hospitality industry and its advocates.

Insights and Summary:
The hospitality sector in Scotland is facing significant challenges as businesses grapple with rising costs and economic pressures. Calls for support ahead of the SNP Budget underscore the urgent need for policy measures to alleviate the burden on businesses. Stakeholders are advocating for reforms to the rates system and a commitment to fostering economic growth to revitalise the industry. The upcoming Budget announcement holds great significance for the future of the hospitality sector in Scotland, with hopes that it will provide the necessary support for businesses to navigate through these turbulent times.