Closer collaboration is the key to ensuring the success of the Government’s Industrial Strategy, according to UKHospitality.
The Business, Energy and Industrial Strategy (BEIS) Select Committee has today published a report examining the Government’s development of its Industrial Strategy. The report has found that Government support has focused on high-tech sectors at the expense of others such as hospitality.
UKHospitality Chief Executive, Kate Nicholls said, “The Committee has rightly highlighted both the importance of the hospitality sector to the UK’s economy and the need for a nuanced approach to supporting it.
“Hospitality is crucial to our economy but is often not given the attention it merits. The sector is the UK’s 3rd largest private employer, providing 9% of total UK jobs. The sector employs twice as many people as financial services in the UK and three times that of the oil and natural gas sectors. It is vital that hospitality is at the heart of the Government’s plans to encourage industrial growth, provide jobs and stimulate the economy.'
Nicholls concluded, “The Government has signalled its intention to support our sector, not least in agreeing in principle a sector deal for Tourism and Hospitality, but there is much more work to be done together. UKHospitality, its members and the wider sector are very happy to work collaboratively with the Government to ensure we get the right support and an effective sector deal.”