fromLondon Business News | Londonlovesbusiness.com
18 hours agoHospitality sector comes under further pressure as wages rise to record high - London Business News | Londonlovesbusiness.com
The steep rise in hospitality wages to a record high will come as a big concern to the sector, particularly following a prolonged period of subdued sales. This puts more pressure on margins, with every £1 increase in wages also leading to additional employers' NIC, resulting in a double whammy on operators' costs.
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