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.