A leading hotel chain has called on the Government to slash taxes so that hospitality firms can help tackle a £14.4billion youth unemployment crisis.
One in four unemployed young people say their biggest barrier to getting a job is a lack of experience, according to a report by WPI Economics and commissioned by hotel giant Hilton.
This ‘experience gap’ is costing the economy £14.4billion, including in tax revenues and additional benefits spending, the research found.
But providing one unemployed young person with their first job generates more than £152,000 in economic value, it said.
Hilton boss Stephen Cassidy has called
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