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Quarter of UK employers plan to cut jobs before tax rises bite, survey finds

  • A third of businesses expecting increased employment costs plan to reduce headcount or hire fewer workers, according to a recent survey.
  • Employer confidence is at its lowest in a decade, worsened by changes to employment costs and negative employment indicators.
  • Ninety percent of small business owners express concern over the upcoming Employment Rights Bill, influencing their confidence levels.
  • Critics argue that tax increases are a significant burden on the economy.
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The Telegraph broke the news in London, United Kingdom on Monday, February 17, 2025.
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