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      Healey plots Budget raid on family businesses

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employer nics

  • Swatch: Rachel Reeves’ tax hikes could see profit fall further

    Retail

    Swiss watch brand Swatch has warned its UK profit could continue to shrink as a result of Chancellor Rachel Reeves’ tax hikes. The business has said the increase in employer’s National Insurance contributions – which were announced in October 2024 and came into effect in April this year – will increase operational costs. Swatch added [...]

    Swatch's pre-tax profit and sales fell in 2024.
  • A year of hard Labour: UK plc’s verdict on Starmer and Reeves

    Business

    Just a year ago, Keir Starmer’s Labour party won an historic general election victory having promised to be “the most pro-business government this country has seen’. Ali Lyon sees whether industry and business leaders feel the party has met that vow 12 months on. As some of the great and good of Britain’s storied business [...]

    The UK government has been pressed to stop choosing for short-term solutions to boost foreign investment.

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