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Kate Nicholls OBE

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@UKHospKate

Chair NED Board Advisor on hospitality, tourism & experience economy - @instoflicensing @ukhospitality @lex_Liverpool @YorkshireCCC - northerner, views my own;
North Yorkshire ukhospitality.org.uk Joined June 2011
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Kate Nicholls OBE Verified account @UKHospKate
9 out of 10 businesses surveyed support a cut in VAT to help businesses navigate ongoing uncertainty. Three quarters of hotels and restaurants called for rates reform and discounts to be extended and half wanted NICs slashed for younger workers to tackle NEETs
UKHospitality Verified account @UKHofficial Apr 1
"It's having a real impact, not only on the businesses, but on the people they employ and us as consumers."

Kate Nicholls, our Chair @UKHospKate, speaks to @BBCNews about the impact cost increases coming into effect today will have on hospitality businesses, teams and consumers.
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Kate Nicholls OBE Verified account @UKHospKate
Very much agree with @dsmitheconomics conclusion that the rate increase to 4% is close to being “restrictive”. Worth remembering too that the Bank had anticipated rate cuts this year so recent holds should be seen in the context of tightening in response to to geopolitical risks. Let hope the more interventionist tightening cycle is short - the economy is not resilient - and govt does take action on energy
thetimes.com/business/econo…
www.thetimes.com Interest rates are on the up, but 4.25% may be the limit A failure to raise the Bank rate would have been seen as throwing in the towel on controlling inflation and another will surely follow
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Kate Nicholls OBE Verified account @UKHospKate
This is not just about exports it is about the increased admin and costs for those importing products from the EU - removing red tape will help keep a lid on costs
Defra UK @DefraGovUK 2d
Our new deal with the EU will put the UK’s food and drink producers back in business with Europe.

Backing British jobs and business all the way 🇬🇧 🇬🇧 🇬🇧
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Kate Nicholls OBE Verified account @UKHospKate
Good overview - grid connectivity and price of energy for ALL businesses needs tackling
Dan Tomlinson MP @dantomlinsonmp 2d
A common Westminster mistake is to look at big moments in US politics and assume the same battle lines will be drawn here. AI and the mid-terms are a good example of this.

The easy assumption is that a big polarising debate on data centres is about to hit the UK, just because it has in the US. But that ignores two important facts.

First, the government has watched the free-for-all in parts of the US, has learned lessons from it, and is setting out a different approach. We do need to secure grid connections for strategic data centres, and we are setting up a Ministerial Control Centre to do just that. But move too quickly without bringing communities with you, and people understandably start worrying about the impact on their area and asking what they’re getting in return. That's why we're putting protections in place, to prioritise data centres only where they meet the tests set out in our Data Centre Covenant published at the Budget.

This means data centres have to lower electricity bills for other users, minimise and report on water usage, support our reindustrialisation objectives and support UK sovereignty. And crucially, it means agreeing to the principle that local communities around new infrastructure should share in its benefits - both through jobs and wider support.

Second, our problem is not that we have an abundance of data centre construction that our politics needs to reckon with, it's that build out is slower here than it could be. 15 of the world’s top 20 largest data centre markets are in the US. None are in the UK. The pace of investment here is, frankly, too low for what we need to stay at the forefront as AI technology develops. High electricity costs and slow grid connections (thanks, Conservatives) mean we haven't been near the top of the list for investment, and too often we're reliant on AI infrastructure overseas. The Budget last week set out a new direction to change this for all business and households, but we can't turn this round overnight.

Data Centres today are essential infrastructure. They underpin much of everyday life in the UK, from banking and shopping, to public services, to helping doctors screen for diseases. AI makes that infrastructure even more important and as AI becomes more widely used across out economy, Britain will need more of the data centres that support it. But we won’t allow that growth to come at any cost. We’ll protect communities. And we’ll make sure local people benefit.
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