We voted for change, now we desperately need it in hospitality

The hospitality sector urgently needs tax recalibration as businesses face increasing burdens, ongoing closures, and the struggle to turn turnover into profit amidst rising costs.

Liverpool's tourism, primarily driven by hospitality, generated £6.25bn in 2023, but maintaining this revenue amidst rising costs and reduced consumer confidence is increasingly difficult.

With the ongoing challenging trading environment, the hospitality industry is on the brink of failure without swift government action to reduce costs and mitigate closures.

Businesses in hospitality are shutting down at alarming rates as they struggle with high operating costs and diminishing profitability, leading to a bleak outlook for the sector.

Read at Business Matters