More than 300,000 businesses plan job cuts as Reeves’ Budget starts to bite

City A.M.

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More than 300,000 businesses are expected to lay off workers, as a flurry of data reveals a jobs market slowdown following the government’s Budget measures on employment.  The £25bn rise in national insurance contributions (NICs) announced by the Chancellor in October is set to kick in next month, while businesses are also reportedly spooked by [...]

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