Britain's pubs and restaurants face simultaneous increases in business rates, minimum wage, and employer taxes starting today, with 64% of on-trade businesses planning to cut jobs. The per-property math is worse than the headlines suggest.
Two-thirds of UK hospitality businesses are cutting staff and one in seven will close outright after a wave of government-imposed wage and tax increases hit on April 1. If you think this is a British problem, you haven't been paying attention to what's moving through state legislatures on this side of the Atlantic.
UK hotel operators face simultaneous hits from wages, energy, business rates, and National Insurance that could push average hotel rate bills up 115% by 2028. The question isn't whether margins shrink... it's which properties survive the squeeze.
