Fraud Awareness Week: Strengthen Your Business with Ethical Leadership and Fraud Prevention
This week is Fraud Awareness Week – 17-23 November 2024 Fraud is a universal threat, costing businesses an estimated 5% of their annual revenue, according to Occupational Fraud 2024: A Report to the Nations. Whether you operate in retail, finance, hospitality, law or another sector, proactively addressing fraud risks is critical to protecting your operations, […]
Preparing for the “Failure to Prevent Fraud” Offence: Practical Guidance for Businesses
The “Failure to Prevent Fraud” offence, introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCTA), will take effect on 1 September 2025. This legislation is designed to hold businesses accountable for fraud committed by individuals acting on their behalf. With the offence’s implementation deadline fast approaching, businesses must take proactive steps to strengthen […]
Enhancing Cybersecurity with Capcon’s Established Dark Web Monitoring Service
At Capcon, our commitment to enhancing the security and integrity of your business operations continues with our Dark Web Monitoring service, powered by Techn22. This established service is crucial for scanning the dark web – a hidden and anonymous part of the internet notorious for illicit activities – to ensure your sensitive data remains secure. […]
The Rise of Dine & Dash in UK Hospitality: Why It’s Happening and How Businesses Can Prevent It
In recent years, UK hospitality businesses have increasingly fallen victim to a troubling trend: dine and dash. According to ITV News, one-third of hospitality operators have been affected by this rising issue, which involves customers leaving a restaurant without paying their bill. For businesses that already operate on thin profit margins, this practice can have […]
Key Points from the Chancellor’s Autumn Budget: Implications for UK Hospitality
In the first Labour Budget in over a decade, Chancellor Rachel Reeves laid out significant policy changes affecting the UK hospitality sector. For businesses already stretched by rising costs, this Budget’s increase in wages, National Insurance, and the evolution of business rates will require close attention to mitigate impacts on growth and operations. Here, tax […]
Failure to Prevent Fraud Offence: New Legislation – Is Your Hospitality Business Prepared?
Failure to Prevent Fraud Offence NEWS ALERT SENT FROM UKHOSPITALITY TO ALL MEMBERS – IMPORTANT UPDATE FOR ALL HOSPITALITY BUSINESSES Whether you are a UKHospitality member or not, this is important information which you should be aware of. We would like to bring your attention to a significant update in legislation that introduces the “Failure […]
Boosting Winter Profits: Effective Stock Management Strategies for Hospitality Businesses
As the winter season approaches, hospitality businesses across the UK are gearing up for one of the busiest times of the year. Whether you run a pub, restaurant, or hotel, managing stock efficiently during the holiday rush is crucial to maximising profitability. From festive menus to seasonal drinks, getting stock levels right can mean the […]
Indulge in Innovation: The Chocolicious Drink Trends of 2025
The “Chocolicious” trend in the drinks sector is setting the tone for 2025, emphasising indulgence in premium and flavoured hot chocolates, signalling a shift towards luxury in everyday treats. This trend is fuelled by consumers’ desire for affordable luxuries during economic downturns – a phenomenon known as the “lipstick effect,” where small indulgences become more […]
Food Trends for 2025 Revealed
The food and drink trends for 2025 as identified by Bidfood reflect an exciting blend of cultural exploration, health-conscious choices, and sustainable practices that promise to shape the future of the hospitality industry. Here’s an in-depth look at the food trends for 2025. You may also wish to read our overview of the Drinks Trends […]
Understanding the Tipping Act 2023: Implications for the Hospitality Industry
The hospitality sector is set to experience significant changes with the enforcement of the Tipping Act 2023, which come into effect on 1 October 2024. This legislation, amending the Employment Rights Act 1996, introduces new mandates on how tips, gratuities, and service charges – collectively referred to as “tips” – are to be managed, processed, […]
