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Post by thomas on Nov 10, 2024 11:12:17 GMT
Hospitality chiefs warn Reeves of carnage over Budget tax hikes Executives from companies including the owner of Slug & Lettuce and Burger King are considering signing a letter to the chancellor warning of "business closures and job losses within a year", Sky News learns. Rachel Reeves will this weekend be told by some of Britain's biggest hospitality groups that the tax hikes imposed in last month's Budget risk triggering a tsunami of job losses across the sector. Sky News has learnt that dozens of bosses from pub, restaurant and hotel operators have agreed to sign a letter to the chancellor calling her inaugural fiscal statement "regressive in [its] impact on lower earners" and warning that "business closures and job losses within a year" are inevitable. The letter, an early draft of which has been seen by Sky News, has been circulated among executives from Stonegate Group, Britain's biggest pubs operator; a division of the company which owns Wagamama; Burger King; the Hotel du Vin and Malmaison hotel chains; and Tossed, the high street salad bar operator. news.sky.com/story/hospitality-chiefs-warn-reeves-of-carnage-over-budget-tax-hikes-13251003#:~:text=Exclusive- |
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Post by The Squeezed Middle on Nov 10, 2024 11:18:01 GMT
Labour trashing the economy?
Who'da thunk it?
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Post by thomas on Nov 10, 2024 11:24:39 GMT
Labour trashing the economy? Who'da thunk it? I laugh like fuck when they nickname Rachel Reeves" Rachel from accounts" . I said earlier we are going to see rising unemployment , especially in the poorer paid sectors , and many folk being pushed onto the gig economy. Fucking sad.... but so very predictable............. |
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Post by Fairsociety on Nov 10, 2024 11:24:58 GMT
Our local pub is now charging £25.50 for Sunday Roast, and that's getting the norm, 4 of us are going for lunch today will cost us over £100 before we even order a drink, no way ordinary working families will be able to afford this at the going rate.
It stands to reason these places have to pass on the cost of NI contribution rises, also the food they buy will also go up because the supermarkets have already said they will raise food prices to cover the NI hike.
I mean do you actually need very much economic knowledge, the very basic will do, to know that these places will just go BUST!! people will stay at home, now one will be spending, businesses go BUST, inflation hits the roof .... can anyone stop these idiots.
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Post by thomas on Nov 10, 2024 11:31:16 GMT
Our local pub is now charging £25.50 for Sunday Roast, and that's getting the norm, 4 of us our going for lunch today will cost us £100 before we even order a drink, no way ordinary working families will be able to afford this at the going rate. It stands to reason these places have to pass on the cost of NI contribution rises, also the food they buy will also go up because the supermarkets have already said they will raise food prices to cover the NI hike. I mean do you actually need very much economic knowledge, the very basic will do, to know that these places will just go BUST!! people will stay at home, now one will be spending, businesses go BUST, inflation hits the roof .... can anyone stop these idiots. its not just the rise in ENIC , potentially the bigger hit is where part time employees now come under the lowered threshold , so employers not only have to deal with 1.2% rise , but many will be paying a collosul 15% for the first time on employees. For small to medium business , thats a lot to pass onto customers , especially in industries like hospitality already reeling from covid , cost of living and energy hikes. |
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Post by piglet on Nov 10, 2024 11:34:21 GMT
Another nail in the Labour coffin, this will be the end of old labour for good, the overt clash of capitalism and communism, theres only one winner.
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Post by sheepy on Nov 10, 2024 11:35:43 GMT
Like I said it never makes any sense anyway, why commit suicide just so you think it gets you your own way.
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Post by Fairsociety on Nov 10, 2024 11:38:04 GMT
Our local pub is now charging £25.50 for Sunday Roast, and that's getting the norm, 4 of us our going for lunch today will cost us £100 before we even order a drink, no way ordinary working families will be able to afford this at the going rate. It stands to reason these places have to pass on the cost of NI contribution rises, also the food they buy will also go up because the supermarkets have already said they will raise food prices to cover the NI hike. I mean do you actually need very much economic knowledge, the very basic will do, to know that these places will just go BUST!! people will stay at home, now one will be spending, businesses go BUST, inflation hits the roof .... can anyone stop these idiots. its not just the rise in ENIC , potentially the bigger hit is where part time employees now come under the lowered threshold , so employers not only have to deal with 1.2% rise , but many will be paying a collosul 15% for the first time on employees. For small to medium business , thats a lot to pass onto customers , especially in industries like hospitality already reeling from covid , cost of living and energy hikes. Most of these places will close down, they'll become apartment blocks, soon it will be hard to find a pub outside of London, all these little rural pubs will be gone, you'll need to go in to these big cities for a pint, personally I'd rather sit at home with a tinnie. |
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Post by jonksy on Nov 10, 2024 12:00:51 GMT
its not just the rise in ENIC , potentially the bigger hit is where part time employees now come under the lowered threshold , so employers not only have to deal with 1.2% rise , but many will be paying a collosul 15% for the first time on employees. For small to medium business , thats a lot to pass onto customers , especially in industries like hospitality already reeling from covid , cost of living and energy hikes. Most of these places will close down, they'll become apartment blocks, soon it will be hard to find a pub outside of London, all these little rural pubs will be gone, you'll need to go in to these big cities for a pint, personally I'd rather sit at home with a tinnie. We are in slapton today for the remberence service on our way back we have a booked a table at Blackpool sands hotel. There are 6 of us so that will wipe the smile of off a couple of hundred quid.. |
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Post by Fairsociety on Nov 10, 2024 12:09:23 GMT
Most of these places will close down, they'll become apartment blocks, soon it will be hard to find a pub outside of London, all these little rural pubs will be gone, you'll need to go in to these big cities for a pint, personally I'd rather sit at home with a tinnie. We are in slapton today for the remberence service on our way back we have a booked a table at Blackpool sands hotel. There are 6 of us so that will wipe the smile of off a couple of hundred quid.. When we first moved here about 5 years ago the going rate for a Sunday roast was about £11.50, so in the space of 5 years that's over 100% increase, I bet Blackpool will be even more expensive, these tourist places are going through roof, I bet if you add your drinks on for 6 of you I bet you don't get any change out of £300. |
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Post by jonksy on Nov 10, 2024 12:13:38 GMT
We are in slapton today for the remberence service on our way back we have a booked a table at Blackpool sands hotel. There are 6 of us so that will wipe the smile of off a couple of hundred quid.. When we first moved here about 5 years ago the going rate for a Sunday roast was about £11.50, so in the space of 5 years that's over 100% increase, I bet Blackpool will be even more expensive, these tourist places are going through roof, I bet if you add your drinks on for 6 of you I bet you don't get any change out of £300. They used to throw a drink in with price but those days have long gone |
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Post by Fairsociety on Nov 10, 2024 12:20:17 GMT
When we first moved here about 5 years ago the going rate for a Sunday roast was about £11.50, so in the space of 5 years that's over 100% increase, I bet Blackpool will be even more expensive, these tourist places are going through roof, I bet if you add your drinks on for 6 of you I bet you don't get any change out of £300. They used to throw a drink in with price but those days have long gone No chance, the average pint is now £5, that's why you don't see as many drunks coming out of pubs, I can down 6-7 pints in one session, there's £35, if my OH comes with me we'll be looking at £80 at least, she's into these cocktails that are a tenner a throw. |
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Post by johnofgwent on Nov 10, 2024 18:48:40 GMT
its not just the rise in ENIC , potentially the bigger hit is where part time employees now come under the lowered threshold , so employers not only have to deal with 1.2% rise , but many will be paying a collosul 15% for the first time on employees. For small to medium business , thats a lot to pass onto customers , especially in industries like hospitality already reeling from covid , cost of living and energy hikes. Most of these places will close down, they'll become apartment blocks, soon it will be hard to find a pub outside of London, all these little rural pubs will be gone, you'll need to go in to these big cities for a pint, personally I'd rather sit at home with a tinnie. You won't be finding many outside London either But that is the point Pubs are hotbeds of hatred against Labour Hence the smoking ban |
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Post by jonksy on Nov 10, 2024 18:50:37 GMT
Most of these places will close down, they'll become apartment blocks, soon it will be hard to find a pub outside of London, all these little rural pubs will be gone, you'll need to go in to these big cities for a pint, personally I'd rather sit at home with a tinnie. You won't be finding many outside London either But that is the point Pubs are hotbeds of hatred against Labour Hence the smoking ban Many labour wankers are banned from pubs... |
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Post by jonksy on Nov 10, 2024 18:52:20 GMT
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