Economy
Fall in hospitality wages brings ‘much needed’ respite for industry
Vacancies in the sector were also on a downward trend at 100,000 in the three months to July 2024, after plateauing around 108,000 at the beginning of the year
Average weekly earnings in the food and accommodation sector fell 4% to £518.01 in Q2 2024, according to the latest ONS figures, which RSM said has brought some “much needed” respite for operators.This is down from £539.30 in Q1 2024, which marked the highest quarter on record.
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