Two-thirds of hospitality firms to cut jobs due to April tax rises

April Cost Increases Will Force Two-Thirds of Hospitality to Cut More Jobs - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants

Share Post Share Email New member survey results from UKHospitality, the British Beer and Pub Association, the British Institute of Innkeeping and Hospitality Ulster reveal the damaging impact another year of significant cost increases will have on hospitality businesses. As a direct result of today’s cost increases, businesses will cut jobs (64%), cancel investment plans (51%) and reduce trading hours (42%). A…

Two-thirds of hospitality firms to cut jobs due to April tax rises

Two-thirds of hospitality businesses will be forced to cut jobs and one in seven will shut altogether as a direct result of “suffocating” April tax rises, leading trade bodies have found.  More than half (51 per cent) of hospitality firms will cancel investment plans and 42 per cent will reduce trading hours, according to a survey of more than 20,000 businesses. Hospitality firms say April’s increases to minimum wage rates and the introduction o…

Two-thirds of hospitality employers considering layoffs

Two-thirds of hospitality businesses will cut jobs in response to rising minimum wages, employer taxes and business rates, a poll has found. The post Two-thirds of hospitality employers considering layoffs appeared first on Personnel Today.