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Hospitality firms warn National Insurance hike could lead to job cuts and venue closures.
Pubs and hospitality firms are urging Chancellor Rachel Reeves to delay a planned increase in National Insurance, warning it could lead to job cuts and venue closures.
Surveys show 29% of businesses may reduce opening hours, while 15% might shut at least one site due to rising costs.
The changes would lower the threshold for employer National Insurance contributions, increasing labor costs.
Trade bodies argue delaying these changes and lowering VAT could help save jobs and support the economy.
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Las empresas de hostelería advierten que la subida del Seguro Nacional podría conducir a recortes de puestos de trabajo y cierres de locales.