Hospitality Jobs Slump as Reeves' National Insurance Hike Bites

Hospitality jobs slump as Reeves' National Insurance hike bites

Visit to Usk pub reveals extent of damage done by employers NI hike

A visit to a pub in Usk by local politicians has revealed the extent of the impact that the National Insurance hike has had on the local hospitality sector.

PM urged to act as hospitality loses 69,000 jobs

The hospitality industry has warned the prime minister it risks being “taxed out” of the jobs market, after losing 69,000 jobs since October 2024. Job losses in the sector have been three times higher than across the wider economy since the Budget, according to UKHospitality, which has urged the government to reverse changes it says have hurt employment. In a letter to the prime minister, UKH said the 2024 Budget directly undermined the sector’s…

Future Of Hospitality Sector In Danger Of Being ‘Taxed Out’ After Losing 69,000 Jobs Since Budget

Trade association UKHospitality has urged the Prime Minister to take action following the release of new data showing that job losses in pubs, restaurants and hotels are three times higher than in the rest of the economy since last October. (more…) The post Future Of Hospitality Sector In Danger Of Being ‘Taxed Out’ After Losing 69,000 Jobs Since Budget appeared first on KamCity.

PM Warned Hospitality Is In Danger Of Being Taxed Out, As Sector Loses 69,000 Jobs Since Budget - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants

Share Post Share Email The hospitality industry has lost 69,000 jobs since chancellor Rachel Reeves’s rise in employers’ national insurance contributions took effect, a bleak reversal from the 18,000 roles created in the same period last year. The figures, sourced from the Office for National Statistics, or ONS, mark the sharpest peacetime job losses for the sector since records began outside the pandemic, and …

UKHospitality warns sector faces being taxed out - Harpers Wine & Spirit Trade News

UKHospitality has warned the prime minister that hospitality is in danger of being taxed out, with the sector having lost 69,000 jobs since the Budget.