National Living Wage

Today’s news in brief – 15/11/24

Young’s total revenues for H1 rose 27.2% to £250m, as like-for-like revenues rose 4.4% due to an “excellent” Euros turnout.…

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Young’s H1 revenues rise 27.2% to £250m

Young’s has reported that total revenues rose 27.2% to £250m for the 26-week period to 30 September, as like-for-like revenues…

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Budget to increase full-time cost of employment by £2,500, UKH reveals

The employment tax measures announced in the Autumn Budget will increase the cost of employing a full-time staff member by…

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Budget reaction: Rising costs ‘latest blow’ to sector’s recovery

The hospitality industry has criticised chancellor, Rachel Reeves’ first budget, with UKHospitality claiming it is the “latest blow” to the…

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Budget: Increases to employers’ NI and minimum wage

The Chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn…

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UKH calls new LPC 2025 remit ‘disruptive and unhelpful’

UKHospitality has called changes to the Low Pay Commission’s (LPC) remit for 2025 “disruptive and unhelpful”, claiming that wages rates…

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Mitchells and Butlers LFL sales rise 3.4% in Q3

The operator of All Bar One and Toby Carvery, Mitchells and Butlers, has reported that like-for-like sales rose 3.4% during…

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Nightcap to re-register as a private limited company

Bar operator Nightcap has announced the proposed cancellation of admission of its ordinary shares to trading on AIM, a re-registration…

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Hospitality leaders remain cautious amid rise in revenues

Britain’s hospitality leaders remain cautious amid tentative signs of improved consumer spending and relief on some costs, CGA by NIQ’s…

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Foodservice price inflation below 10% for first time since 2022

Foodservice price inflation has fallen below 10% for the first time in two years, according to data from CGA. This…

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