Queen's Speech brings little immediate relief to struggling businesses, says UKHospitality

Yesterday, In a programme of 38 bills, the prime minister set out plans to use Brexit freedoms to stimulate the economy, but will it be enough to help an already struggling hospitality sector?

Kate Nicholls, UKHospitality chief executive, has said that while there is plenty in the Queen's Speech that will "unshackle" the sector and stimulate growth, the measures do little to bring immediate relief to struggling businesses trying to stay afloat.

The positives: pavement licenses, mandating that commercial landlords rent out empty shops, an energy security bill

UKHospitality did welcome legislation that will see pavement licences made permanent, as Kate said: “Pavement licences also revealed the hospitality industry’s ingenuity and creativity, and significant levels of investment that will now continue to return value.”

This announcement was also supported by the British Beer & Pub Association (BBPA), whose chief executive, Emma McClarkin said: “This is fantastic news for our sector and will be a welcome boost for pubs across the country ahead of the summer months.”

Additionally, high street landlords who allow shops to lie empty for more than a year will be forced to rent them out as part of government plans to revive town centres, a plan that hospitality will be able to both benefit from and add to, because, as Kate said, the hospitality industry “can make a massive contribution to recovery and levelling up" of the economy.

There was also some mention of an energy security bill which will allow the energy price cap to be extended beyond next year as well as handing ministers the power to direct essential power companies to secure energy supplies.

While this may not benefit hospitality directly, any bill that might lower the rising energy prices will be looked on favourably.

The negatives: