Small businesses to offload Reeves’ tax hikes onto customers March 25, 2025 Small and medium-sized businesses (SMEs) have taken steps to combat the Chancellor’s tax hikes as they brace for further changes in Reeves’ Spring Statement. Fresh research from Grant Thornton showed 71 per cent of SMEs have formed plans to offload rising employment costs onto consumers – a 15 per cent increase from December. Almost seven [...]
Shepherd Neame: Pub prices to rise as Budget costs hit March 19, 2025 UK hospitality chain Shepherd Neame, Britain’s oldest brewer, has said it will increase prices at its pubs to deal with cost pressures from the government’s tax raid on businesses. The national living wage and employers’ national insurance contributions (NICs) will both increase from April, as announced in last October’s budget. The increase in labour costs [...]