‘Worse than Covid’: hospitality bosses blame Reeves’ budget for UK downturn

With data suggesting the sector has been hit hardest, some employers can’t afford to recruit summer workersUnemployment rises and wage growth slowsAnalysis: UK jobs market is cooling but not collapsing“From a financial point of view, last year’s budget was worse for hospitality than Covid,” says Philip Thorley, who owns 18 pubs across Kent and employs about 400 people.Usually he is looking to recruit staff to help out in the summer months but this year will be different, he says, as the £25bn increase in employers’ national insurance contributions (NICs) that came into force in April has been “catastrophic for our company and industry”. Continue reading...

Comments

Business News

M&S introduces invisible UV tags to collect recycling data

Independent

Internet sends love to apparent wife of Astronomer CEO Andy Byron after he’s caught canoodling with employee at Coldplay concert

about 2 hours ago

US-based Wells Fargo banker blocked from leaving China after arriving for work trip: report

Newyork Post

Comments

Similar News

Renters could end up £340,000 worse off than homeowners over 30 years

Why June 2025 Food Inflation Feels Worse Than The Numbers Show

Why Gaslighting At Work Can Be Worse Than Passive Aggressive Behavior

He closed his store after years of threats. Why Mexico's extortion problem is getting worse

American workers are feeling worse about their jobs than they did during the pandemic

Germany’s economy goes from bad to worse

Trump’s tariff turbulence is worse than anyone imagined

Business News

M&S introduces invisible UV tags to collect recycling data

M&S introduces invisible UV tags to track packaging through recycling system

Would you buy a ticket a year early for Christopher Nolan's next movie?

People said it was too hard to cancel Peacock. Now NBCUniversal must pay $3.6 million

Internet sends love to apparent wife of Astronomer CEO Andy Byron after he’s caught canoodling with employee at Coldplay concert

US-based Wells Fargo banker blocked from leaving China after arriving for work trip: report

Peacock hiking streaming prices again— but will test cheaper $8 tier

Labour to reject pension shake-up that could have cost firms more than £1billion

Anduril founder Palmer Luckey wants to make computers American again

Move over, Aperol &mdash; the Hugo Spritz is summer's hottest cocktail

Michael Shvo's long-stalled Miami Beach hotel and condo project attracts potential new buyer

What are hundreds of Marines still doing in LA? Not much.

TSA May Change 3-Ounce Liquid Limit, Kristi Noem Suggests—Here’s What Else Could Change

Caitlin Clark Will Miss 2025 WNBA All-Star Game And 3-Point Contest

Small Communities Are Losing Air Service. It’s Not All Bad News.

House Poised For Final Crypto Votes Thursday: Here’s What To Know

S&P 500 Hits New Record High As Stocks Boosted By Better-Than-Expected Earnings, Retail Sales And Jobless Claims

DoD Is The Largest Investor In Only American Rare Earth Mineral Mine

Trump Diagnosed With Common Chronic Vein Disease—White House Insists He Is In ‘Excellent Health’

Inside 12 Matcha, NYC’s Latest Café Where Tradition Comes Before Trend

With One Call, Trump Alters the Fate of a Contested Power Project

F.D.A. Approves Juul Vapes After Yearslong Delay

M&S introduces invisible UV tags to track packaging through recycling system

Amazon slashing hundreds of jobs at AWS cloud unit — month after CEO says AI will spur layoffs: report

Save £20 on ‘super comfortable’ Crocs sandals that are ‘lightweight and easy to clean’

The best and worst looks at the 2025 ESPY Awards

Every movie based on DC Comics, ranked

Why a VC is betting AI is 'the opposite of social media' and will forge more human connections

I moved to Orlando when my husband got a job there. After 3 years and a divorce, I happily returned to Atlanta.

Elon Musk says a male Grok companion is coming, with a personality inspired by 'Twilight' and '50 Shades of Grey'

OpenAI releases Agent Mode as it looks for a much-needed win

Jeanine Pirro is worth $11.6 million and earned a hefty salary as a Fox News host

My husband and I spent nearly 3 months traveling in Europe. Avoiding these 8 mistakes would've saved us time and money.

An F-35 stealth fighter has been stuck in a country not cleared to access the tech for over a month

An OpenAI employee's farewell letter offers a rare window into what it's like working at the company

Amazon now requires staff to show AI use to get promoted at Ring and some other units

How did Condé Nast go from dominance to decline? A new book explains

West Coast Opportunities Await Space Industry Rocket Booster Builders

OpenAI Launching ‘ChatGPT Agent’—Here’s What To Know

Deportations: Who’s Picking The Lettuce And Cutting Up Steaks?

Fired Epstein Prosecutor Maurene Comey Warns Colleagues About Trump’s DOJ: ‘Fear Is The Tool Of A Tyrant’

What’s Next For Bonnaroo? Festival Eyes Rebound After Canceled 2025

What Time Does ‘Dexter: Resurrection’ Episode 3 Begin Streaming?

If Rashee Rice Is Suspended, Gabe Davis Would Make Sense For Chiefs

FTSE 100 closes up despite ‘harsh’ UK jobs data

Scottish Water workers accept pay offer but ‘concerns continue’, says union

Voices: As unemployment hits a four-year high, Rachel Reeves must now do whatever it takes

FTSE 100 closes up despite ‘harsh’ UK jobs data

Labour’s economic illiteracy is dragging us into a doom loop

Scottish Water workers accept pay offer but ‘concerns continue’, says union

Average long-term US mortgage rate rises to 6.75%, second straight uptick

China threatens to squash Panama ports deal unless its shipping giant gets an equal stake: report

FDA authorizes Juul’s e-cigarettes for sale in US after 3-year ban

Volvo CEO urges EU to slash its tariffs on US vehicles: ‘Absolutely unnecessary’

Mark Zuckerberg, Sheryl Sandberg spared from testifying after settling Meta shareholders’ $8B privacy lawsuit

August 2025 Bank Holiday benefits and pension payments dates plus cost of living support

Lloyds to make extra £4bn available to help more first-time buyers

‘I tried Emma Stone’s hooded eye make-up trick that has fans saying she’s had a facelift’

Best mortgage rates edge down AGAIN as more lenders make cuts: How much lower will they go?

Why savers should fix NOW as easy-access rates hit two-year low

Move over, Aperol — the Hugo Spritz is summer's hottest cocktail