Fri, 17 Jan 2025

Fears empty restaurant TikTok trend could last

There are fears that tax and wage rises mean restaurants and bars will be quieter than usual all year.

* Some pub managers report quieter Januarys than usual, with one attributing it to the cost of living crisis.
* Videos of empty bars and restaurants are trending on TikTok, showing staff finding creative ways to stay busy.
* The industry is warning that the rise in employer National Insurance contributions (NIC) and minimum wage will make it tough beyond January.
* 80% of businesses may cut staffing levels, with some potentially forced to close due to increased costs.
* Businesses are passing on price rises to consumers, with some predicting a 6-8% increase.
* Industry leaders are calling for an "urgent rethink" of the changes, citing concerns about survival in 2025.
* Suppliers are also increasing prices, making it harder for businesses to cover costs.
* Some venues are resorting to deep discounts and promotions, but consumer spending on hospitality is expected to decline further.
* A government spokesperson has defended their support for the sector, including a cut in alcohol duty and business rates relief.
  >>