Hospitality Industry: Employment
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 13 February 2025 to Question 29193 on Hospitality Industry: Employment, whether her Department has done a sector specific analysis of the projected impact of the Autumn Budget 2024 on employment in hospitality.
Answered by James Murray
The Government has taken a number of difficult but necessary decisions on tax, welfare, and spending to fix the public finances and fund public services.
The Government has set out the impacts of the policy changes from Autumn Budget 2024 in the usual way.
For example, a Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to employer NICs. The TIIN sets out the impact of the policy on the exchequer, the economic impacts of the policy, and the impacts on individuals, businesses, and civil society organisations, as well as an overview of the equality impacts.
As set out previously, the Office for Budget Responsibility also published the Economic and Fiscal Outlook (EFO), which sets out a detailed forecast of the economy and public finances.
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