It comes after GDP shrank in both Q3 and Q4, by 0.1% and 0.3% respectively. Despite those two quarters, GDP across the entirety of 2023 grew marginally by 0.1%.
Read on for a snapshot of the key hospitality market insights from the Christie & Co annual Business Outlook 2024 Report.
Allen joins UKHospitality from London & Partners, the Mayor of London's tourism, inward investment and city marketing agency, where he served as Executive Director and, in 2021, Acting Chief Executive.
Reforms to the Apprenticeship Levy and addressing the cost burden for employers can ensure vacancies continue to fall, says UKHospitality.
'Consistent reductions in the overall rate of inflation is good news for the economy but it will feel far from reality for hospitality businesses.'
Changes to the UK immigration system announced today will 'further shrink' the talent pool hospitality businesses are recruiting from and contribute to greater shortages.
New ONS figures show that visits increased 112% year-on-year, generating £30 billion in revenue, but remain 9% down on 2019 levels.
The Government has announced that the National Living Wage (NLW) will increase to £11.44 in April next year, rising from its current level of £10.42.
What of flexible hiring when the tinsel is swept up, the fairly lights packed away and the mulled wine a distant memory? Just a December necessity or something every employer should look at all year round?
New strikes announced by Aslef will hit hospitality during the critical festive period and disrupt its busiest trading month.