Devon and Cornwall’s economies falling off a cliff as Reeves hammers tourism

The hoteliers say: “These changes to business rates present the most significant challenge to accommodation providers in terms of their ongoing viability, and many will face tough decisions in terms of employment and their ability to invest.”On Tuesday, 100 hotel bosses, including executives at chains such as Hilton, Butlin’s and Holiday Inn, wrote to Rachel Reeves demanding relief from ruinous taxes.By contrast, these figures rose by no more than 14pc across London boroughs.Telegraph analysis of government ...