A new strategy to ensure England’s pubs, bars, restaurants, and other hospitality venues can thrive long-term and adapt to consumer demands has been launched by Business Minister, Paul Scully.
Recovery measures include:
- Highlighting opportunities in the hospitality industry to jobseekers through DWP’s dedicated work coaches and helping the sector address current recruitment challenges.
- Working with the government-owned British Business Bank and directly with lenders to support access to finance for the hospitality sector so they can invest in their businesses.
- It will be easier for pubs, restaurants and cafes on the high street to offer al fresco dining and serve more customers outside, with pavement licenses being extended and made permanent. Takeaway pints will also continue for another 12 months as the temporary permissions for off-sales of alcohol are extended in England and Wales, boosting sales.
The government is also setting out ways to help the sector improve its resilience, including by making hospitality a career option of choice, boosting creativity, and developing a greener sector.
According to the Department of Business press release announcing these additional support measures, this comes as the £150 million Community Ownership Fund launched yesterday, gives people across the UK the chance to run local pubs at risk of closure as community-owned businesses. Communities in all four nations will be able to bid for up to £250,000 matched funding.
It’s important to remember that to access funding you will need to have up-to-date figures and projections, MJB Avanti can help you with this with a 13-week rolling cash flow forecast.
Call us today, to find out how we can help you access funding and support (08000) 388 799