Scottish Hospitality Bosses in Panic Mode
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Scottish hospitality sector braces for new business rates, threatening price hikes and job cuts. A survey shows 39% expecting to pass costs to customers, 39% anticipating layoffs, and 28% planning to cut investments. The new bills result from last years property revaluation and are exacerbated by minimum wage increases and volatile energy prices. Industry leaders call for better support, with 89% backing a VAT cut, 74% advocating for permanent rates reform, and 65% pushing for national insurance adjustments.
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