Bloomberg UK Politics

An Inhospitable Reception: Warnings of 'Drastic' Job Cuts Over Tax Hikes

Nov 11, 2024
In this discussion, Kate Nicholls, Chief Executive of UKHospitality, sheds light on the hospitality sector's alarm over rising National Insurance taxes. She reveals that over 200 industry leaders warn these hikes could lead to drastic job cuts. The conversation also highlights the burdens faced by small businesses post-pandemic and stresses the urgent need for government action to foster economic recovery. Additionally, insights from business reporter Sabah Meddings elaborate on how major retailers are grappling with the impact of these changes.
Ask episode
Chapters
Transcript
Episode notes