Firms facing 'terrible choices' after Budget
Manchester Evening News|November 12, 2024
HOSPITALITY and retail businesses have said they have "terrible choices to make" about potential cuts to investment and their workforces due to Budget tax rises.
Firms facing 'terrible choices' after Budget

It came amid reports that Tesco is the latest high-street giant to face a huge increase in its national insurance bill, with industry bosses calling for the Chancellor to water down her budget plans.

Rachel Reeves revealed a £25.7bn change to employers' national insurance contributions in last month's Budget, which would increase the rate of the tax and the threshold at which firms must pay.

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