Begbies Traynor anticipates a significant increase in insolvencies due to the recent budget’s National Insurance hike and other cost pressures.The employment of 1,000 individuals in the…
Browsing: National Insurance
The recent budget changes are set to significantly impact Tesco’s financial obligations, with an expected increase in its National Insurance bill.Tesco is projected to add £1bn…
The announcement of an increase in employer National Insurance contributions will significantly impact major UK supermarkets, with Tesco facing a substantial financial burden.Tesco, employing 300,000 staff,…
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…
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…