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Budget: Increases to employers’ NI and minimum wage

Hotel Owner

The Chancellor Rachel Reeves has increased employers’ national insurance contributions in a bid to help raise as much as £40bn in taxes, pledging to also boost long-term growth and “mark an end to short term-ism” as part of Labour’s first budget since it came into power. an hour from April, up from the current pay of £11.44.

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Chancellor freezes tax thresholds in Autumn statement

Hotel Owner

To help meet these targets Hunt confirmed that the income tax personal allowance threshold will be frozen until 2028, meaning many people will pay more in tax as wages increase but the current tax bands remain the same. Other measures announced in the budget include: . A £3.3bn increase the NHS budget over the next two years.

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Leonardo Hotel Newcastle brought to market for £31.8m

Hotel Owner

this year, rising to 9.86% in 2028, and 11.05% in 2033. With an Average Daily Rate (ADR) of £69, Newcastle has the lowest ADR of all the regional markets, presenting an attractive proposition for budget-friendly overnight stays. If sold for £31.8m, the purchaser can expect a running yield of around 8.5%

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Understanding the Restaurant Cybersecurity Threat Landscape

Modern Restaurant Management

Statista’s market insights forecast the global cost of cybercrime will increase from $9.22T in 2024 to $13.82T in 2028. Your partner will also provide recommendations tailored to align with the rest of your technology environment, as well as your budget limitations and real-world business risks.

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7 Questions to Ask Before Choosing a Point-of-Sale Solution for Your Restaurant

Restaurant Engine

You want a system that is high quality, fits in your budget, has all the functionality and scalability you need, and is built to last. The global restaurant point-of-sale system market is expected to reach nearly 26 billion dollars by 2028. Before you choose the least expensive POS system, take a good look at your return on investment.

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7 Benefits to Operating a Fully Automated Kitchen

Restaurant Engine

Some of your most expensive budget items are labor costs and training. The global cooking robotics market is expected to be worth $322 million by 2028. What’s more, automation standardizes each plate. This makes your customers happier because their favorite menu item is prepared exactly the same every single time. #2: 2: Money Savings.

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IHM’s topsy-turvy Z-A: What to expect in hospitality and real estate in 2023

Boutique Hotel News

NREP is committed to becoming entirely carbon neutral by 2028 – encompassing both operational and embodied carbon – and the new internal carbon tax will be a key driver in this ambition. Other firms will need to follow their lead.