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Hospitality Accounts for 53% of UK Job Losses Since Budget, Trade Body Says

UKHospitality blames employer NIC changes, urging relief in the autumn Budget.

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Overview

  • UKHospitality reports nearly 89,000 hospitality jobs have gone since last October, out of 164,641 total UK job losses.
  • The cuts equal roughly one in 25 roles, or 4.1% of the sector, a rate seven times higher than the wider economy.
  • Industry groups point to higher employer National Insurance costs, especially the lower threshold, alongside wage rises and pressures from business rates.
  • The outcome surpasses the Office for Budget Responsibility’s 50,000 job-loss estimate linked to NIC reforms.
  • Trade bodies seek Budget measures to revise NICs and cut VAT and business rates, as leading retailers press for rates reform and the government highlights existing reliefs.