Autumn Budget: BrewDog boss issues £1bn warning to Rachel Reeves hospitality The hospitality sector needs to sell almost one million extra pints every hour in order to cope with a £1bn cost surge thanks to Chancellor Rachel Reeves’ tax hikes, the chief executive of BrewDog has warned. James Taylor, who took on the job earlier this year, said Reeves needs to take ‘meaningful action’ because of [...]
Shepherd Neame: Pub prices to rise as Budget costs hit hospitality UK hospitality chain Shepherd Neame, Britain’s oldest brewer, has said it will increase prices at its pubs to deal with cost pressures from the government’s tax raid on businesses. The national living wage and employers’ national insurance contributions (NICs) will both increase from April, as announced in last October’s budget. The increase in labour costs [...]