HMV has put a stop to its planned new store openings in the UK due to increased national insurance costs.The music chain’s owner, Doug Putman, cited…
Browsing: National Insurance
Nish Kankiwala, CEO of John Lewis Partnership, criticized recent government budget measures affecting businesses.The decision to increase employers’ national insurance is expected to impose significant costs…
Retailers face potential job cuts due to recent tax increases, according to the Bank of England governor.A letter from the British Retail Consortium highlights a possible…
Amid rising fiscal challenges, retail leaders have raised alarms about potential job losses.Bank of England chief Andrew Bailey supports retailers’ warnings to the government about job…
Andrew Bailey, the Bank of England Governor, highlighted potential delays in interest rate cuts due to employer tax hikes.The recent reduction in interest rates to 4.75%…
Executives from major retailers caution the UK government on planned budget changes, emphasizing potential economic repercussions.A rise in National Insurance contributions is expected to lead to…
The increase in employers’ National Insurance contributions is expected to lead to significant challenges in the retail sector.More than 70 major retailers, including Tesco and Sainsbury’s,…
The recent hike in National Insurance is raising alarms among UK retailers, who foresee inevitable job cuts.Chancellor Rachel Reeves has increased employers’ National Insurance by 1.2%…
Businesses are considering relocating jobs overseas due to the recent hike in National Insurance, creating economic concern.Recruitment leaders warn of the potential for offshoring UK jobs…
Begbies Traynor, a leading insolvency firm, anticipates increased insolvency levels due to the latest budget impacts.The Chancellor’s increase in employers’ National Insurance contributions is expected to…