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The Guardian // World // Europe

‘That’s two people we won’t hire now’: bosses react to Reeves’s tax rises

Wednesday 30th October 2024, 7:09PM

Employers say they will be counting costs of budget amid increases to national insurance contributionsReeves accused of betraying small family firmsMarie Cooper has plans to grow her Midlands engineering business next year, making more of the pistons and pipework that planes, cars and oilfield machinery need.That should have aligned well with the chancellor Rachel Reeves’s hopes to grow the UK economy, but after the first Labour budget since 2010, Cooper has been left looking at tens of thousands of pounds in extra taxes. Continue reading...

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