Home Business News Mayors of the north unite and call for industry wide VAT cut in hospitality sector

Mayors of the north unite and call for industry wide VAT cut in hospitality sector

by Amy Johnson LLB Finance Reporter
13th Feb 24 7:39 am

The Night Time Industries Association (NTIA) successfully hosted its third Night Time Economy Summit at the iconic Freight Island in Manchester on 8th and 9th of February.

The two day event featured over 200 speakers and brought together a diverse range of industry leaders, experts, and visionaries to explore and celebrate the significance of the Night Time Economy.

As a beacon of innovation, the summit offered a multifaceted experience across four stages, with insights from government officials across the UK and experts worldwide for unparalleled international cooperation and knowledge exchange.

The Main Stage featured a convergence of leaders from major cities, governance bodies, central government, and global night time economy experts, with Stage 2 presented by Defected Records exploring crucial aspects of the electronic music industry and current trends. Stage 3 was hosted by VibeLab and The Fair and Stage 4 focused on Advocacy, Accessibility, Diversity, Inclusion, and Sustainability.

In addition, this year the NTIA invited academics from across Europe to present academic research on a range of subjects in the Workshop area.

Day One kicked off with the shesaid.so breakfast featuring a welcome address from Sacha Lord (NTE Advisor GMCA) the hugely inspiring Figen Murray (Martyns Law) and Nina Kehagia (shesaid.so), followed by a momentous occasion as the Mayors of the North and West Midlands, Andy Burnham Mayor of Greater Manchester, Tracy Brabin Mayor of East Yorkshire, Andy Street Mayor of West Midlands & Steve Rotherham Mayor of Liverpool City Region came together to discuss the pivotal role of the Night Time Economy in their regions.

This unique collaboration highlighted the growing recognition of the sector’s importance in driving economic growth, fostering creativity, and enhancing the overall quality of life.

During the discussion led by Andy Burnham, all the Metro Mayors got behind the campaign calling on the Government to reduce VAT. “This would save businesses and save jobs’ comments Sacha Lord. “Since the campaign started, this is the first time we have had heavy weight politicians get behind us.”

The Under Secretary of State & Minister for Small Medium Enterprise businesses, Kevin Hollinrake through recorded video message addressed considerations and initiatives to enhance and develop the night time industries in the future in the “Darkest Before the Dawn” NTIA Manifesto alongside Philip Kolvin KC.

Author of ‘Darkest Before the Dawn’ Philip Kolvin KC said: “The night time economy is a key part of UK culture, and so should sit within the Department of Culture, Media and Sport, with a minister in charge of a national strategy to support the industry. This would be a small step for the government, but a giant leap for the industry, so we were thrilled to hear Andy Burnham and his fellow Metro Mayors from the North and West Midlands endorse our idea.

“We now call on all political parties to pledge this in their own manifestos.”

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