Business groups warn of jobs market slowdown following Budget November 12, 2024 Alexandra Hall-Chen, principal policy adviser for employment at the Institute for Directors (IoD) said the figures point to a "concerning trend" in the labour market.
Ministers either don’t understand private sector, or don’t care November 11, 2024 No politician could actually get away with telling businesses to “suck it up” when they warn about the impact of tax rises, though Labour’s Darren Jones came dangerously close yesterday, airily telling the BBC that bigger businesses can handle higher costs. While it’s true that they’ll find a way to pay these new taxes and [...]
Budget tax rises will ‘dampen hiring’ as jobs market remains muted November 8, 2024 The latest report on jobs from KPMG and the Recruitment and Employment Confederation (REC) showed that the number of staff appointments in October fell to its lowest level since March.
Serco: FTSE 250 firm predicts £20m hit from Budget tax changes November 8, 2024 British outsourcing giant Serco stressed the tax changes in the UK following the Budget will increase cost by £20m per year
Salon chain owner breaks down over National Insurance rise October 31, 2024 The owner of a chain of salons broke down on Sky News on Thursday when talking through how some of the measures introduced in the Budget will affect small businesses like his.
Let’s be honest… this Budget is austerity for the private sector October 30, 2024 Rachel Reeves has introduced a new kind of Marxism with this Budget, where private industry foots the bill for an expanding public sector, and the poorest don’t get better off, says Mattew Lesh Just two months ago, in a speech delivered inside Downing Street, Keir Starmer declared that growth and wealth creation were his government’s [...]
The Notebook: Say it however you like, a National Insurance hike is a tax on jobs October 30, 2024 Job vacancies are already in decline. Raising National Insurance contributions are no way to help the economy, writes Reed CEO James Reed.
Sir Martin Sorrell: Tax hikes risk hurting UK productivity October 29, 2024 The government’s potential tax hikes and changes to investment relief could drive capital abroad, discourage hiring and stymie productivity, former WPP chief Sir Martin Sorrell has warned ahead of tomorrow’s Autumn Statement.
London jobs market hit hard due to ‘frenzy of Budget speculation’ October 29, 2024 Muniya Barua, deputy chief executive at BusinessLDN, said that the "frenzy of Budget speculation" was weighing on employers' hiring intentions.
Labour’s national insurance hike could cost workers hundreds October 28, 2024 HMRC's projections suggest that a two percentage point hike to employers' national insurance would raise £18bn.