It should come as no surprise that tourism is one of the biggest contributors to the UK economy, with hospitality alone contributing around £4.3 billion to the country’s GDP each year.

This sector plays a crucial role in driving economic growth and creating job opportunities, which is why the recent extension of the 75% rate relief for another year was so widely celebrated by hospitality businesses.

While this is undoubtedly a valuable lifeline, more measures need to be considered to truly support and sustain the success of this vital business sector. Let’s discuss these measures and what they could mean for the industry at large:

#UKEconomy #Hospitality #Tourism #HBDPartners