The hospitality sector is in ‘survival mode’ after Labour tax rises and the Iran war chaos have left the industry on the brink – with one hotelier claiming it ‘feels like I’m working for Rachel Reeves.’
Surging energy prices caused by the Strait of Hormuz fiasco and Labour tax hikes have left profit margins at a minimum and businesses in the UK at breaking point.
The conflict in Iran has driven up oil and gas prices smacking businesses with tens of thousands in higher costs per week, while a record 64 per cent of small firms said taxation is now their biggest
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