Finance News – National Insurance Contributions
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‘Worse than Covid’: hospitality bosses blame Reeves’ budget for UK downturn
The increase in employers’ national insurance contributions has created significant financial pressure on the hospitality sector, leading to reduced hiring and contributing to slow...
Read Full Article →UK in ‘serious jobs recession’ as payrolls fall and unemployment rises – business live
The recent decline in employment and increased job losses indicate a weakening labor market, which may influence the Bank of England’s decision to gradually ease monetary policy me...
Read Full Article →Charities ‘penalised’ by Rachel Reeves’ taxes
The increase in employers' national insurance contributions has raised operational costs for many charities, potentially reducing their available resources and affecting staff comp...
Read Full Article →Growing signs of slowdown in UK jobs market, says Bank of England governor
The anticipated reduction in employment opportunities and moderation in wage increases may influence the Bank of England's upcoming decision on interest rates amid changing economi...
Read Full Article →Starmer thanks business for shouldering tax burden
Keir Starmer expressed appreciation to UK companies for managing increased financial demands following the substantial rise in employer national insurance contributions introduced...
Read Full Article →Council finances in dire straits, MPs say
A recent report highlights that increasing national insurance costs and rising expenditures on special educational needs are putting local government budgets under severe pressure,...
Read Full Article →UK inflation forecast to have jumped in April on back of higher household bills – business live
Rising costs across utilities, taxes, and transportation are expected to push overall price growth higher in the UK, potentially influencing central bank decisions on interest rate...
Read Full Article →UK unemployment rises to highest in nearly four years
Increased employer national insurance payments have coincided with a decline in available positions, contributing to a slower labor market and a growth in the proportion of individ...
Read Full Article →Has UK-India trade deal ‘sold out British workers’ as Farage and Badenoch claim?
The recently finalized UK-India trade pact is expected to boost various sectors, including fashion, whisky, and automotive, potentially generating significant additional trade reve...
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