10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Minimum wage set for above inflation rise

  • James McAllister
  • 29 October 2024
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Restaurant Online Magazine. Click here to read the original article

image

Rachel Reeves is reportedly set to raise the minimum wage for those 21 and over, known as the National Living Wage, by more than 6% in April 2025, higher than the Low Pay Commission’s central estimate of 5.8%, which was set out last month.

According to The Times​​​, the National Living Wage will rise from £11.44 to more than £12.12 an hour, after ministers promised to ‘raise the floor’ on wages.

Workers aged between 18 and 20, who currently receive a National Minimum Wage of £8.60 an hour, could be in line for a bigger rise under Government plans to eventually establish a single adult rate.

In comes after UKHospitality warned that significant increases to the minimum wage over recent years meant wages now represent at least a third of business costs.

Businesses are bracing themselves for tomorrow’s Budget, with the Chancellor also expected to announce a rise in National Insurance contributions (NICs) for employers​​.

UKHospitality has been calling for the Chancellor to make the tax burden for the sector ‘more sustainable’ in the Budget, primarily through the introduction of a lower, permanent and universal multiplier on business rates for hospitality.

Earlier this month, the trade body warned that the rates burden on the hospitality sector is set to increase to £914m​​ if current relief ends as planned on 31 March next year.

Trending
Booking.com CEO suggests lottery system to curb overtourism

Some 170 hospitality bosses have backed a letter​​, written by UKHospitality, calling for a lower level of business rates for the sector.

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Categorizing...

Sabre launches AI-ready APIs

  • Travel Weekly Group Ltd
  • 1 October 2025
View Post
  • Categorizing...

Guest Post: Influencers are ‘perfectly’…

  • Travel Weekly Group Ltd
  • 1 October 2025
View Post
  • Categorizing...

DoorDash launches its own fleet of delivery robots, smart hardware, and more

  • Joanna Fantozzi
  • 30 September 2025
View Post
  • Categorizing...

Real Talk: It’s Time to Support the People Who Feed Us

  • YiTyng.Sin@informa.com
  • 30 September 2025
View Post
  • Categorizing...

What is experiential travel? Tips for hoteliers

  • Jessica Freedman
  • 25 September 2025
View Post
  • Categorizing...

Bahia Principe Grand Tequila to Open in Mexico’s Riviera Maya Later This Year

  • Automatic
  • 25 September 2025
View Post
  • Categorizing...

Drury Hotels Opens New Hotel in Pigeon Forge, Tennessee

  • Automatic
  • 25 September 2025
View Post
  • Categorizing...

Kimpton Grand Roatán Celebrates Appointment of Rudy Morales as Director of Food & Beverage

  • Automatic
  • 25 September 2025
Sponsored Posts
  • Winning the World Cup of Demand: A Revenue Management Playbook for Major Events – LodgIQ

    View Post
  • The Practical Guide to Hotel Automation

    View Post
  • 2025 SOCIETIES Quaterly 3

    View Post
Latest Posts
  • RateGain Launches SoHo: AI-Powered Social Platform Designed to Redefine Hotel Guest Engagement
    • 6 October 2025
  • Building Trust & The Network Effect in Hospitality – Andrew Arthurs
    • 5 October 2025
  • What I Learned About “Speaking Owner” as a Hotel GM – Shanell Marinuzzi
    • 4 October 2025
  • 7 powerful shifts driving the Middle East’s travel boom
    • 4 October 2025
  • The five developments driving the evolution of U.S. OTAs
    • 4 October 2025
Sponsors
  • Winning the World Cup of Demand: A Revenue Management Playbook for Major Events – LodgIQ
  • The Practical Guide to Hotel Automation
  • 2025 SOCIETIES Quaterly 3
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.