The Entertainer halts store expansion plans due to increased National Insurance costs, reflecting broader economic challenges for retailers.The company’s decision follows a government mandate raising employer…
Browsing: National Insurance
The Entertainer has postponed plans for new UK stores following the government’s decision to increase National Insurance rates.Increasing employer taxes prompt businesses to reevaluate investments in…
The Entertainer has shelved plans for two new UK stores, attributing the decision to increased National Insurance costs announced in the recent Budget.The policy change raises…
Asda is grappling with a £100m rise in National Insurance Contributions, as admitted by its chair, Stuart Rose.Following a recent Budget, employer National Insurance rates are…
The latest Budget poses financial challenges to major UK retailers, including Asda and Sainsbury’s.Asda grapples with additional £100m cost due to increase in National Insurance contributions.Sainsbury’s…
The Bank of England has reduced interest rates to 4.75% following a decrease in inflation and wage growth, signaling a shift in economic pressures.The decision faced…
Marks & Spencer confronts significant financial challenges due to forthcoming national insurance and wage cost increases.M&S anticipates an increase of £60 million in its tax bill…
Marks & Spencer is facing significant financial pressures due to imminent changes in national insurance and wage regulations.The company’s national insurance contributions are set to rise…
M&S faces a significant financial challenge due to recent National Insurance changes.The retailer plans to absorb this cost without increasing prices for customers.CEO Stuart Machin emphasizes…
The hospitality industry is bracing for financial challenges due to recent Budget changes.The Budget includes significant increases in National Insurance contributions, impacting businesses like Wetherspoons.Wetherspoons anticipates…