‘There has to be a bolder shift’: retail and hospitality businesses assess relief in budget

Retail and hospitality firms are evaluating relief provided in John Healey's first budget. While the Chancellor reduced business rates for small enterprises and limited minimum wage increases for younger staff, James Nye of Anglian Country Inns claims labour costs remain a burden. Simultaneously, the nature of corporate hospitality is evolving. Emily Pearson notes that traditional models, such as football boxes or dinners, are being replaced by new approaches, with businesses in Yorkshire currently leading this industry shift.