Published 1 day ago • loading... • Updated 10 hours ago

Low-paid jobs at risk from Labour's tax increases on businesses

Recent economic data suggests that the Chancellor's planned £9.9 billion fiscal headroom has likely been eliminated, limiting financial flexibility.
Challenges in American foreign policy mean the Chancellor cannot prevent large increases in the defence budget.
Rachel Reeves faces pressure to either raise taxes, cut public spending, or adopt popular measures to stimulate growth.

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Sky News UK

Low-paid jobs at risk from Labour's tax increases on businesses

Cliff Nicholls runs two trampoline parks and indoor play centres: one in Tamworth in the West Midlands, the other in Bolton, Greater Manchester. He's already feeling the pressure from the government's latest budget measures and has been forced to abandon further investment plans.

10 hours ago·United Kingdom

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The Times

It’s time for Rachel Reeves to think the unthinkable on cuts

The chancellor’s fiscal headroom has been wiped out by sticky inflation, costly debt servicing and a stagnant economy

20 hours ago·United Kingdom

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Evening Standard

Tax rise fears grow as 'High Street woes hit public finances' in new blow to Reeves

Firms are warning they are having to cut jobs after being hit with higher National Insurance bills

1 day ago·London, United Kingdom

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khbrknews

Low-paid jobs at risk from Labour’s tax increases on businesses

Cliff Nicholls runs two trampoline parks and indoor play centres: one in Tamworth in the West Midlands, the other in Bolton, Greater Manchester. He’s already feeling the pressure from the government’s latest budget measures and has been forced to abandon further investment plans. “The national minimum wage increases coming in April, combined with the reduced thresholds for national insurance and the increased rate of employers’ national insuranc…

11 hours ago

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