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National Trust to cut at least 550 jobs after £10m rise in costs from Reeves’s budget

  • The National Trust plans to cut at least 550 jobs to save £26 million due to increased labor costs after changes in Rachel Reeves’s budget.
  • Rising costs in employers' national insurance and minimum wage in April exceeded income growth from visitors, leading to the job cuts affecting 6% of its workforce.
  • The cuts will impact frontline roles like staff in cafes and shops, as well as conservation assistants, with a focus on prioritizing important aspects of the organization's work.
  • Other attractions like the Tate and English Heritage are also making job cuts and cost-saving measures due to financial challenges stemming from the pandemic and government policies.

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