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British businesses say budget stifling growth
Reeves' budget increased taxes by more than 40 billion pounds, with most of that money coming from the increase in the amount of national insurance companies must pay. Newton-Smith said the budget will significantly dent a lot of UK businesses' profitability, which is bad news for everyone.
Tax rises in Budget will ‘hit growth’ of UK companies, business chief will warn
CBI boss will say measures announced by government have made it harder for firms to ‘take a chance’ on hiring new people
UK employers warn tax rise will hit investment and pay
By David Milliken LONDON (Reuters) -British employers have been caught off guard by a 25 billion-pound ($31 billion) tax rise at last month's budget and plan to cut training, investment and jobs in response,
CBI boss to warn Budget tax rises will ‘hit growth’ among UK firms
CBI boss to warn Budget tax rises will ‘hit growth’ among UK firms - Rain Newton-Smith will say on Monday that businesses are being forced to ‘compromise on their plans for growth’ after the spending review.
12h
on MSN
UK politics live: Reeves tax rises ‘caught business off-guard’, CBI chief says in stark review of Budget
Independent business economist Andrew Sentance, who is a former CBI Director of Economic Affairs, says CBI boss Rain Newton ...
2h
Reeves tells firms no more tax rises as she defends Budget
Chancellor Rachel Reeves has told businesses she is "not coming back with more borrowing or more taxes" as she defended the ...
1d
on MSN
Confederation of British Industry warns tax rise will hit investment and pay
British employers have been caught off guard by a 25 billion pound ($31 billion) tax rise at last month's budget and plan to cut training, investment and jobs in response, the Confederation of British ...
devdiscourse
15h
British Businesses Brace for Budget Blowback: Tax Hike Sparks Investment Cutbacks
British businesses are reeling from a £25 billion tax increase due to the latest budget, leading to cuts in training, ...
16h
UK politics live: Rachel Reeves to defend Budget to CBI after stark warning over tax rises
Keir Starmer has promised “zero tolerance” for benefits cheats as Labour seeks to tackle Britain’s ballooning welfare bill.
13h
on MSN
Virgin Atlantic CEO says UK budget is ‘tax on growth' with air duties set to rise
Shai Weiss said that despite aviation’s contribution to the economy, “all we’ve seen is an increase in Air Passenger Duty.” ...
12h
Britain’s finance minister vows no repeat of budget tax hikes after employers’ warning
British Prime Minister Keir Starmer and Finance Minister Rachel Reeves said the tax increases would allow them to spend more ...
3h
Many British firms set to cut jobs after tax hikes
London: Firms across Britain are “in damage control” with nearly half planning to cut jobs after the Labour government’s ...
7h
Host of Britain’s favourite companies line up to slam Labour’s Budget amid fears tax grab could result in job cuts
BRICKIES’ favourite Screwfix, bakery Greggs and the boss of McVities biscuits were among firms laying into the Chancellor’s ...
17h
Politics latest: Peppa Pig gag made at CBI conference - as chancellor warned of negative impact of budget tax increases
Rachel Reeves has damaged investment and, by extension, growth through the tax rises announced in the budget, the head of the ...
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