Jimmy's Jobs of the Future
Tom Kerridge on Why UK Restaurants Are Failing: Rising Costs, VAT the Problem, and the Fight to Save Hospitality Watch the full documentary: https://youtu.be/LKaEiZ5TE5Q [https://youtu.be/LKaEiZ5TE5Q] At Tom Kerridge’s Whitehall restaurant, we explores why UK hospitality is struggling despite strong demand: rising utility bills, food inflation, minimum wage and national insurance increases, and business rates have eroded already thin margins, contributing to three hospitality closures a day across an industry involving 4.5 million people. Tom explains his hiring priorities and outlines London kitchen pay ranging from over £40k to six figures in senior roles. He argues government support that helped during COVID (furlough, VAT reduction) has vanished, calls for hospitality to have its own dedicated ministry, and criticizes Labour’s communication and lack of action on VAT. He also discusses how TV and commercial work subsidizes his five restaurants and shares his journey to sobriety at 40 after years of extreme drinking. 00:00 Inside a Busy Service 00:15 Kerridge’s Profit Struggle 01:02 Why Restaurants Are Closing 02:08 Building Great Teams 04:17 Pay and Career Progression 04:55 Costs Crushing Margins 08:29 Hospitality’s Social Impact 13:36 Kitchen Tour and Stations 15:55 Plating the Crab Crumpet 18:06 Making Lobbying Relatable 20:00 Why Not Run For Office 22:01 Fixing Hospitality Policy 23:53 Labour Comms And Leadership 27:06 TV Work Funds Restaurants 29:36 How Cooking TV Changed 31:00 Why Independents Are Struggling 32:22 Quitting Alcohol For Good 36:08 Staying Sober In Hospitality 37:32 Which Minister Can Cook ********** Follow us on socials! Instagram: https://www.instagram.com/jimmysjobs Tiktok: https://www.tiktok.com/@jimmysjobsofthefuture Twitter / X: https://www.twitter.com/JimmyM Linkedin: https://www.linkedin.com/in/jimmy-mcloughlin-obe/ Want to come on the show? hello@jobsofthefuture.co Sponsor the show or Partner with us: hello@jobsofthefuture.co Check out our clips channel here! ⬇️ https://www.youtube.com/@JimmysJobsClips Credits: Host / Exec Producer: Jimmy McLoughlin OBE Producer: Sunny Winter https://www.linkedin.com/in/sunnywinter/ Junior Producer: Thuy Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]
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