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employment costs

  • Retailers press Healey to cut high street taxes at crunch Downing St meeting

    Retail

    Retailers urged John Healey to “reverse the damage” of rising high street taxes as the Chancellor met industry bosses on Tuesday.  Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures.  Healey hosted high street bosses at Number [...]

    Bald man in white shirt and red tie walking past a dark SUV, holding a jacket over his shoulder
  • End the non-competes! Tech bosses warn ‘unfair’ rules are choking UK growth

    Tech

    Some of Britain’s leading tech founders have called on the government to tear up “unfair” employment restrictions they say are choking growth and leaving UK startups struggling to compete with Silicon Valley. The bosses of Elevenlabs, Synthesia, Fuse Energy and a string of British AI startups have signed an open letter published on Tuesday demanding [...]

    Office for National Statistics
  • Burnham urged to boost West End with tax cuts and extra policing

    Retail

    The West End risks losing its status as one of the world’s best shopping and hospitality destinations without immediate action to cut tax and boost policing, Andy Burnham has been warned.  The New West End Company (NWEC), which represents 800 businesses involved in the world-famous district, has urged the government to slash business rates and [...]

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  • Healey urged to cut business costs as consumer confidence slips

    September 24, 2026

    Retailers have called on John Healey to slash the “burdensome” costs of doing business at the Budget next month, warning that consumer confidence will continue to stumble without urgent action.  The British Retail Consortium (BRC), which represents top retailers like Tesco, Sainsbury’s and Marks and Spencer, has urged the Chancellor to tackle the “triple blow” [...]

  • Co-op blames job cuts on Labour national insurance raid

    September 23, 2026

    Co-op group has slashed its headcount this year to handle the added costs of Labour’s national insurance raid, its chief executive has revealed, saying the tax hikes had pushed the retailer to invest in more automation. The group, which runs life insurance and funeral businesses as well as its grocery arm, said on Wednesday that [...]

  • Brewdog founder James Watt slams Burnham over Neets crisis

    September 16, 2026

    Brewdog co-founder James Watt has attacked Andy Burnham for “dangerous narratives” around youth joblessness, criticising the government for hiking the cost of employment.  The beer tycoon said the Prime Minister is wrong to “blame the system” and should instead cut the cost of hiring workers and “get out of the way”. The Scottish businessman, who [...]

  • Can cautious Wolfson keep stunning Next shareholders?

    September 16, 2026

    Lord Simon Wolfson has become a shareholder darling over his 25 years in charge of Next. Felix Armstrong asks whether he can keep on surprising them. Few companies listed on the London Stock Exchange are more bound up with the personality of their chief executives than Next. Lord Simon Wolfson, the long-time boss of the [...]

  • Burnham eyes youth minimum wage rethink as jobs crisis bites

    September 13, 2026

    Andy Burnham’s government is considering slowing planned minimum wage rises for young workers amid concerns that higher employment costs are making businesses more reluctant to hire them. Downing Street and the Treasury are examining whether the rapid increase in wages for under-21s has contributed to Britain’s youth jobs crisis, Bloomberg first reported, as ministers prepare [...]

  • Giving Neets jobs in hospitality would generate £2.3bn, Hilton claims

    September 9, 2026

    Hilton has urged the government to encourage unemployed young people into hospitality, claiming that filling all the industry’s vacancies would add £2.3bn to the economy.  The hotel group, in collaboration with trade body UK Hospitality (UKH), has urged Andy Burnham to lower taxes on hospitality firms to give them the breathing space to take a [...]

  • Itsu blames inflation and Labour tax hikes as rising costs bite

    September 9, 2026

    Itsu has posted its third consecutive annual loss as the Asian food-to-to chain blamed surging inflation and Labour hikes to employment taxes for its rising costs. The edamame eatery, founded by the grab-and-go tycoon behind Pret a Manger, said the UK’s fast food industry is suffering from fragile consumer confidence and a rising tax burden.  [...]

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