Analyzing the UK Economic Environment and Its Impact on Hospitality

This report provides a comprehensive analysis of the UK's external business environment, with a specific focus on the hospitality industry. It begins with an overview of the UK economy, discussing its structure, features, and key economic indicators, including GDP, taxation, and market structures. The report then delves into the impact of current government economic policies on the hospitality sector, using Premier Inn as a case study. Furthermore, it examines income, wealth, employment, and occupational distribution within the industry, alongside demographic trends influencing employment patterns. The report also explores local and national government's influence, the role of the EU, and legal frameworks affecting the hospitality sector. It concludes with a discussion of business types, company formation, and internal control structures within the industry. The report offers a detailed understanding of the UK's economic landscape and its implications for businesses in the hospitality sector.