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national insurance contributions (NICs)

  • ‘Not all sunlit uplands’: Pub bosses weigh in on whether Brexit leaves a bitter taste

    Hospitality

    A decade on from the referendum, has Brexit left a bitter taste? The bosses of the UK’s biggest pub firms have their say Notoriously outspoken, the bosses of the UK’s leading pub brands are usually shouting about the same thing: the tax and regulatory burden threatening watering holes across the country. But, on the anniversary [...]

    Tim Martin speaking at a business conference, standing at a podium, discussing economic trends and strategies for growth
  • Would a £10bn VAT cut really save hospitality?

    Hospitality

    Calls for the government to slash VAT on hospitality firms have been backed by pub and restaurant bosses, and Prime Minister hopeful Andy Burnham. What would this tax break really mean for the economy? The UK’s pubs, hotels and restaurants say they are at breaking point. Higher business rates, hikes to national insurance and minimum [...]

    Business professionals discussing strategies in a modern office setting with diverse team collaboration visible
  • Matalan kicks off turnaround under new boss as retailer slashes jobs

    Retail

    Matalan’s new boss has kicked off the fast fashion retailer’s wide-range turnaround which has revamped dozens of stores but caused the loss of more than 600 jobs. Henrik Nordvall, who took the reins as chief executive in November, said he is “encouraged by the progress already underway” as the clothes seller pushes to renew its [...]

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  • Pub bosses warn tax hikes driving youth unemployment crisis

    June 1, 2026

    Pub bosses have warned that Labour tax hikes are driving the youth unemployment crisis, which is pushing the UK towards an “economic catastrophe”.  Several hospitality leaders have called on the government to reverse its increases to employer national insurance contributions (NICs), which pubs say are making it harder for them to hire young people. Last [...]

  • Next boss slams Labour’s zero-hour contracts crackdown

    May 26, 2026

    The boss of Next has slammed the government’s crackdown on zero-hour contracts and called on Labour to unwind its “employment taxes”. Lord Simon Wolfson, chief executive of the FTSE 100 retailer, said the government’s plans to force employers to offer guaranteed hours to those on flexible contracts will make it “much harder” for Next to [...]

  • Wetherspoon sales could turn flat as cost pressures brew

    March 18, 2026

    Never known to shy away from calling out the issues that push up the price of a pint, JD Wetherspoon boss Tim Martin looked to be setting expectations at the weekend when he warned the war in Iran will hit punters in their pockets.  The UK’s best-known pub chain will announce its half-year finances on [...]

  • Dragons Den star steps in to save Robert Dyas

    March 16, 2026

    A former Dragons Den star has stepped in to “steady the ship” at a beloved high street hardware store as losses climb.  Theo Paphitis, who owns a string of retailers, has installed himself as interim chief executive at Robert Dyas, as the home improvement and electrical appliance seller battles “testing times”.  Paphitis bought the retailer [...]

  • Estate agency Foxtons says ‘government-driven’ costs harming bottom line

    March 5, 2026

    Leading estate agency Foxtons has hit out at the “strain” caused by national insurance and minimum wage hikes as it contends with a “challenging” market. The firm said “government-driven” pressures are harming its bottom line, as revenue growth was “offset” by increased external costs. The Labour government is facing increasing pressure from business to address [...]

  • Betfred billionaire brothers share huge Peninsula pay day

    December 15, 2025

    The billionaire founders of betting giant Betfred have shared another bumper payday after the continued success of HR giant Peninsula. Founded by Peter Done in 1983, the Manchester-headquartered group provides services for the likes of the Co-op, Fred Perry, David Lloyd, Dreams and PayPal. The group is run by Peter Done and is a separate [...]

  • Planning your personal finances in 2026 and beyond

    December 9, 2025

    Partner content, in association with JP Morgan Personal Investing. By Claire Exley, head of financial advice and guidance at J.P. Morgan Personal Investing In the run-up, the 2025 Budget was probably one of the most talked about in recent years. The telltale sign is when friends who don’t usually show much interest are suddenly asking [...]

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