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…
Browsing: National Insurance
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…
Wetherspoons is experiencing significant financial pressure following the latest Budget, which has resulted in an additional £60 million in costs. This development could lead to a…
Marks & Spencer confronts significant financial challenges due to rising costs.The company reported a 4.7% increase in clothing and home sales.M&S faces £120m in additional costs…
Primark owner George Weston warns of substantial cost increases due to changes in national insurance contributions, affecting the high street.The UK government’s decision to raise national…
Recent changes to National Insurance are expected to affect employment in the UK.Employer contributions have increased, potentially reducing job creation and opportunities.The National Institute of Economic…
Primark is facing significant tax hikes, prompting a strategic shift to automation to manage costs.Associated British Foods (ABF), Primark’s owner, anticipates fewer UK jobs amid rising…
The 2024 Budget has stirred significant responses across the grocery industry.Business rates will see a permanent reduction for retail, but concerns about potential disparities remain.Retail crime…
The recent Autumn Budget reveals a focus on reducing sickness absence among the working-age population.A ‘Get Britain Working’ white paper will be introduced to address root…