Hospitality bosses warn Budget tax rises will force closures

Top pub and restaurant bosses have warned the chancellor that tax rises in last month's Budget will "unquestionably" cause closures and job losses.In a letter, more than 200 signatories have said the hospitality industry is disproportionately impacted by an "unsustainable" hike in the amount employers pay in National Insurance Contributions (NICs).It adds that businesses have "no capacity to pass the costs onto…