03/06/2026
We wouldn’t normally post things like this, however...
We posted yesterday, how we're relieved to finally pay off our covid bounce back loan & what a relief it is, however the reality is with the challenges the hospitality industry is under & especially following recent budgets that for us like many (those that did survive) is only a small part...
We’re all feeling the cost of living that’s for sure, we can all see how prices have increased across the board, but Hospitality is being squeezed from every direction.
On top of the costs we're all seeing, like food, utility bills, the increase in business rates is beyond words, the wage increase, national insurance, suppliers, repairs, training, keeping the lights on, keeping the standards high… all of it costs more than it used to.
The industry are trying to come together & challenge the government on reducing the 20% VAT bill!
A huge bill that is contributing to the closure of local pubs up & down the country at a growing rate!
The UK hospitality industry pays by far the highest amount of VAT across Europe at 20% with the average being around 12% & as low as 3%!!
By the government taking this action, it will radically STOP pubs closing at the pace they are, it WILL mean more pubs opening, more jobs created & importantly more doors open for young people to start their careers
We’re proud of what CnC is & we're so humble & grateful of what we have, however the increase in costs that have come in since April are beyond crazy & can totally see why so many pubs have closed & for sure so many more WILL DO, unless something is done...
We’re proud that: Our team build careers here. Guests becoming regulars. Regulars becoming friends. Community comes together.
That’s why we’re supporting the campaign, calling for hospitality VAT to be reduced from 20% to 10%. It might sound like a policy issue, but really it’s about people. Our team, suppliers, guests & community.
The places that make villages, towns & high streets feel alive.
If you want to see local pubs, restaurants, bars & venues protected, please take a minute to sign the petition.
👉 vatstheproblem.co.uk
Thank you, as always - Team CnC 💛
