Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close, survey finds
Sector cites โbillions of pounds in additional costsโ from new business rates and increase in minimum wage thresholdsTwo-thirds of hospitality businesses are planning to cut jobs as a result of โsuffocatingโ costs imposed by government, as new business rates and higher wage bills come into force.Many pubs, restaurants and hotel companies will see their costs increase significantly from 1 April after Rachel Reevesโs changes to business rates and an increase in minimum wage thresholds announced at the chancellorโs November budget. Continue reading...
theguardian.com