Reeves Paralysing Business26 Jun 2025 07:50
“RACHEL REEVES has been warned that tax rises are “paralysing” British businesses, with one in three companies cutting jobs to weather the £25bn National Insurance raid.
Shevaun Haviland, the head of the British Chambers of Commerce, will today tell the Chancellor not to increase taxes on business in the autumn, warning that doing so would damage growth.
She will say at the BCC’s annual conference: “The Government needs to use the tax system to incentivise growth, not kill it. Increased taxation is paralysing business.” A BCC survey of more than 570 businesses found one in three had either already cut jobs or were preparing to in response to the increase in employers’ National Insurance contributions, which took effect in April.”
Who voted for these morons ? Not me……