National Insurance

Chancellor admits NI rise won’t be ‘easy’ for businesses

Chancellor Rachel Reeves has admitted that it will not be “easy” for businesses to “absorb” the rise in employers’ national…

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Halfords CEO calls for apprenticeship levy reform as sales drop 1% in H1

Halfords has called on the Government to reform the apprenticeship levy amid a 1% drop in revenues for the 26…

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Today’s news in brief-19/11/24

Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since…

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Retailers warn National Insurance increase could cause job losses

A number of large retailers have warned that the National Insurance increase could cause inflation and job losses, in a…

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Today’s news in brief-15/11/24

The UK economy stagnated in Q3 2024, with GDP rising just 0.1%, a sharp slowdown from 0.5% growth in Q2.…

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UK economy stagnates in three months to September

UK gross domestic product (GDP) is estimated to have stagnated during the third quarter of the year as uncertainty ahead…

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BRC warns chancellor Budget could cause inflation and job losses

The British Retail Consortium (BRC) has warned that the latest budget could cause inflation and job losses, in a draft…

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Tesco to face £1bn increase to NI bill following Labour’s Budget

Tesco is expecting to see an increase of £1bn in its national insurance bill over the next four years following…

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Sainsbury’s CEO warns NI contributions will cause spike in prices

Sainsbury’s CEO Simon Roberts has warned that the rise in employer’s national insurance contributions announced in the Autumn Budget will…

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Retail sales see weak growth in October amid pre-budget uncertainty

Total retail sales in the UK nudged up by only 0.6% in October, compared with a growth of 2.6% in…

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