unsurprising. costs of food and drink have gone up so people can’t afford to go out as much. salary costs have gone up in both minimum wage and national insurance so businesses can’t afford to hire staff.
SuspiciousAgency5025 on
Fixed: PubCos and chains want to pay shareholders more, at the expense of front-line staff and pub landlords.
xParesh on
The worlds highest energy prices haven’t helped either. Businesses are not protected by the energy cap like consumers are.
I wish Labour would talk more about what is being done to reduce energy costs.
Odd_Raspberry_8158 on
These fiscal rules keep on winning.
luckily the 69k who have lost their jobs have plenty of alternatives…… right
BaBeBaBeBooby on
Hospitality is screwed. The punters are taxed to the point of having no discretionary money to spend, and the costs for hospitality are insanely high. Govt have chosen to destroy the sector. Or perhaps they’re just collateral damage. Either way, not a good industry at the moment.
robopegy06 on
Can confirm. One of those jobs was mine. Oit of work since may.
mpanase on
Coincides with Sunak’s new alcohol duty being applied from February 2025.
But yeah, for some reason making it more difficult for your neighbour to come to your country and telling their families to fuck off doesn’t help tourism.
beejiu on
We can’t keep taxing the economically active and funneling funds to the economically inactive (triple lock). It might work in the short term, but eventually it will tip us into a recession as the second-order effects ripple through the economy. Higher unemployment is inevitable.
Relative-Chain73 on
So, what are the options for all these people? Are they on benefits? Did they find new jobs? We’re they “employees” in zero hour contract?
I am worried about them, esp workers in hospitality are one of the most vulnerable one.
UnlikelyHabit279 on
It’s all Labour’s fault.
We already had a significant cost of living issue before the GE that impacted the hospitality sector because people had less money to spend, Labour just made things 100x worse with all their ill-thought though tax grabs.
jack5624 on
Been seeing friends personally affected by this.
Thankfully people working in hospitality aren’t on the lowest income or working people /s
wsionynw on
Rents. Look at the cost for renting commercial property and who that rent gets paid to.
Affectionate_Ebb8134 on
The cost of food, drinks, hotels, travel like trains is all absolutely insane. This is a natural market reaction – until we address the root cause (monopolies, hording, corruption, profit and tax avoidance, broken leadership) this will not stop.
kahnindustries on
But the government said the NI contributions increase wouldn’t effect pay packets for workers
RemarkableFormal4635 on
Ok, so what causes there to be a need for hospitality sector jobs?
People that spend money eating out, stimulating the economy
The more people that can afford to eat out the more jobs there will be
So we want more disposable income and lower prices.
More disposable income requires higher wages and/or lower taxes
So we need wage growth for the lower/middle classes.
How can we achieve that? More economic growth, less low income immigration.
15 commenti
unsurprising. costs of food and drink have gone up so people can’t afford to go out as much. salary costs have gone up in both minimum wage and national insurance so businesses can’t afford to hire staff.
Fixed: PubCos and chains want to pay shareholders more, at the expense of front-line staff and pub landlords.
The worlds highest energy prices haven’t helped either. Businesses are not protected by the energy cap like consumers are.
I wish Labour would talk more about what is being done to reduce energy costs.
These fiscal rules keep on winning.
luckily the 69k who have lost their jobs have plenty of alternatives…… right
Hospitality is screwed. The punters are taxed to the point of having no discretionary money to spend, and the costs for hospitality are insanely high. Govt have chosen to destroy the sector. Or perhaps they’re just collateral damage. Either way, not a good industry at the moment.
Can confirm. One of those jobs was mine. Oit of work since may.
Coincides with Sunak’s new alcohol duty being applied from February 2025.
But yeah, for some reason making it more difficult for your neighbour to come to your country and telling their families to fuck off doesn’t help tourism.
We can’t keep taxing the economically active and funneling funds to the economically inactive (triple lock). It might work in the short term, but eventually it will tip us into a recession as the second-order effects ripple through the economy. Higher unemployment is inevitable.
So, what are the options for all these people? Are they on benefits? Did they find new jobs? We’re they “employees” in zero hour contract?
I am worried about them, esp workers in hospitality are one of the most vulnerable one.
It’s all Labour’s fault.
We already had a significant cost of living issue before the GE that impacted the hospitality sector because people had less money to spend, Labour just made things 100x worse with all their ill-thought though tax grabs.
Been seeing friends personally affected by this.
Thankfully people working in hospitality aren’t on the lowest income or working people /s
Rents. Look at the cost for renting commercial property and who that rent gets paid to.
The cost of food, drinks, hotels, travel like trains is all absolutely insane. This is a natural market reaction – until we address the root cause (monopolies, hording, corruption, profit and tax avoidance, broken leadership) this will not stop.
But the government said the NI contributions increase wouldn’t effect pay packets for workers
Ok, so what causes there to be a need for hospitality sector jobs?
People that spend money eating out, stimulating the economy
The more people that can afford to eat out the more jobs there will be
So we want more disposable income and lower prices.
More disposable income requires higher wages and/or lower taxes
So we need wage growth for the lower/middle classes.
How can we achieve that? More economic growth, less low income immigration.