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‘The time for action is now,’ says NTIA

17 January 2024 By Lauren Bowes

Michael Kill, CEO of the Night Time Industries Association (NTIA), has released a statement asking the UK government for urgent support.

Nightclubs-UK NTIA — NTIA has called for targeted support including a reduction in VAT

Following yesterday’s news that the UK’s largest nightlife operator, Rekom, called in administrators, the NTIA has criticised the government’s inaction.

Kill said: “The NTIA is deeply concerned about the potential placement of some businesses within the Rekom Group into administration, adding to the constant stream of closures our industry faces on a daily basis.

“The nightlife sector is in crisis, and we implore the chancellor and prime minister to recognise the urgent need for support before it’s too late.

“The continued lack of acknowledgement from the government regarding the severity of the crisis at hand is disheartening.

“Nightlife businesses, which contribute significantly to the cultural and economic fabric of our communities, are struggling to survive. The time for action is now.”

Kill asked for targeted support, such as the reduction of VAT: “Lowering VAT is a pragmatic and effective measure that can provide much-needed financial respite to struggling businesses, allowing them to weather the storm and continue contributing to our vibrant cultural landscape.”

“The nightlife sector is not only a source of entertainment, but also a vital economic driver, supporting countless jobs and businesses,” he continued. “As the industry teeters on the brink, we call on the government to acknowledge the gravity of the situation and implement measures that will ensure its survival.”

A survey by the NTIA found that on-trade revenue dropped by up to 30% over the Christmas period.

There are more struggles ahead for the hospitality industry, with rail union Aslef announcing it will take industrial action at the end of the month.

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