British hotel and restaurant group
U.S. stock futures point to gains as Nvidia beats estimates and forecasts strong AI-driven growth; European markets rally on momentum from Nvidia while UK indices turn modestly higher ahead of major earnings and data surprises.
The government has given English regional mayors the power to charge an overnight visitor levy as a percentage of accommodation costs with no statutory upper limit. Industry groups and major hotel chains have warned the uncapped power will raise prices, reduce demand and cost jobs; mayors say revenue will fund local services and infrastructure from 2028.