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flag UK hospitality sector loses nearly 89,000 jobs, blaming tax hikes for the surge in job cuts.

flag Since the last Budget, the UK's hospitality sector has lost nearly 89,000 jobs, accounting for 53% of all job losses in the country. flag This is nearly three times higher than the Office for Budget Responsibility's forecast. flag The sector blames tax hikes, particularly on National Insurance Contributions, for the significant job cuts. flag UKHospitality is calling for reforms including lower business rates and VAT to prevent further losses.

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