NLW

  • Foodservice Footprint FPT2014062 Brexit not an issue, but NLW causing “distress” Foodservice News and Information Out of Home sector news  NLW news-email National Living Wage Julie Palmer Epos Begbies Traynor

    Brexit not an issue, but NLW causing “distress”

    The National Living Wage has pushed the number of businesses in “financial distress” up by 23%, according to research by Begbies Traynor. As of October 1st, there were 97,342 firms struggling, up from 78,917 six months ago. Almost a third… Read More

  • Foodservice Footprint P16-17 Profits, not jobs, hit by living wage Foodservice News and Information Out of Home sector news  Resolution Foundation NLW news-email National Living Wage Brexit

    Profits, not jobs, hit by living wage

    Employers have responded to the National Living Wage (NLW) by raising prices or reducing profits rather than cutting jobs, according to new research. A Resolution Foundation survey of 500 businesses found that of those firms affected by the NLW, the… Read More

  • Behind the headlines: Living with the Living Wage

    IT’S LIVING Wage Week. David Burrows assess the impact of the government’s higher mandatory pay rate and how foodservice companies can find the extra money. The association of Convenience Stores recently completed its annual survey of members. The results paint… Read More

  • Living wage hits foodservice hardest

    THE NATIONAL Living Wage will add 3.6% to the wage bill of the foodservice sector by 2020. For hotels and accommodation the impact is 2.8%.                           Combined, this… Read More