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employment costs

  • Zero-hour crackdown could wipe out seasonal work, Labour warned

    June 2, 2026

    Labour has been warned that its controversial crackdown on zero-hour contracts could eradicate seasonal work and put even 20-hour contracts under threat. The government has said it could class 20-hour weeks as a low-hour contract and force firms to offer permanent terms after as little as 12 weeks of work. Retail and hospitality firms have [...]

  • If Labour can’t cut taxes it could at least make them simpler

    May 12, 2026

    Britain’s tax code is now among the most complicated in the world and businesses are left grappling with arbitrary distinctions that consume time and money. The King’s speech is a chance to reset the conversation, says Alan Vallance Ahead of the King’s Speech, the government faces a stark choice. It can continue layering new rules [...]

  • ‘Devastating’ tube strikes: Pubs brace for 40 per cent sales hit

    April 20, 2026

    London’s pubs and restaurants are bracing for a knock of as much as 40 per cent of daily sales from this week’s tube strikes as industry leaders warn of the “devastating” impact on hospitality. The capital’s hospitality industry is set to be the hardest-hit from the industrial action, which is due to begin at noon [...]

  • Easter boosts high street footfall but retailers hold their breath

    April 10, 2026

    Retail footfall jumped in March as Easter boosted shopping activity, but business leaders fear tax and employment costs could yet cause havoc. Total footfall in the UK increased by 2.4 per cent last month, according to trade body the British Retail Consortium (BRC), offering a welcome boost for retailers after wet weather drove shoppers away [...]

  • Energy bills threat recedes but retail and hospitality remain on brink

    April 8, 2026

    Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]

  • ‘I fired the board that fired me’: TGI Fridays boss on restaurant turnaround

    April 8, 2026

    TGI Fridays had its heyday in the 1980s but slumped into administration last year. Its new boss Ray Blanchette tells Felix Armstrong the nostalgic chain can win back Britain after a period in turmoil. “I land at Heathrow and jump in a cab. The plane got in late,” says Ray Blanchette, recalling the day he [...]

  • Two-thirds of hospitality firms to cut jobs as April tax rises ‘suffocate’ sector

    April 1, 2026

    Two-thirds of hospitality businesses will be forced to cut jobs and one in seven will shut altogether as a direct result of “suffocating” April tax rises, leading trade bodies have found.  More than half (51 per cent) of hospitality firms will cancel investment plans and 42 per cent will reduce trading hours, according to a [...]

  • Greene King to put 150 pubs on chopping block

    March 18, 2026

    Pubs giant Greene King is considering selling 150 of its pubs and offloading dozens more to franchisees, as its managing director quits.  The pub operator, which has 2,500 premises in the UK, has said it will put around 300 of its managed pubs into a separate unit – with 150 of these intended for sale [...]

  • John Lewis reinstates staff bonus but remains ‘cautious’

    March 12, 2026

    John Lewis has returned its staff bonus after years of its suspension, as the retail titan turned a profit but remains “cautious” in a testing retail environment. The partnership, which also owns Waitrose, made a £134m profit in the year to January 2025, up six per cent from the year before, and notched growing sales [...]

  • Hiring intentions at lowest level in nearly 15 years

    March 8, 2026

    British businesses are the most pessimistic about hiring they have been in nearly 15 years, according to consultancy firm BDO. UK bosses are facing difficult hiring decisions as the cost of employment ramps up, with the BDO’s employment index at its weakest reading since March 2011. The index, which reflects hiring intentions, held at 93.30 [...]

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