Government Budget Plans Spark Business Crisis
Reeve's budget plans are being criticized for betraying the UK and threatening jobs and investments, sparking a crisis for businesses.
Founders who have invested their life savings and mortgaged their homes to create jobs based on manifesto commitments are now facing uncertainty as these commitments are being ripped up.
- A £40bn tax raid in the last budget has already put many businesses on a knife-edge.
- Tax rises and a 6.7% minimum wage increase will decimate margins and force businesses to slash jobs or shut down.
- Surviving businesses will be forced to push prices up, keeping inflation high.
Breaking manifesto pledges isn’t forced upon you – it’s a cop out, a betrayal and a death knell for investment.
This government is engineering a crisis, just 18 months into a five-year Parliament.
Author's summary: Budget plans threaten UK businesses and investments.
More News
- Elliott wins Gainesville City Council Ward 2 seat
- Vintage Blakeman – your man in NYC
- The story LI's election numbers tell so far
- Ultra Maritime Provides Next Generation Torpedo Defence to Australia's Hunter Class Frigates - FNArena.com
- Filmmaker Mira Nair’s Son Zohran Mamdani Makes History as New York City’s Youngest and First Muslim & South Asian Mayor –
- Who went home on 'Dancing with the Stars'? Elimination surprise on Rock & Roll Hall of Fame Night
- McPhaul edges out Kerr for Gainesville school board seat
- Rwanda: Kagame, Emir of Qatar Talk Bilateral Ties
- Gov. Wes Moore starts Maryland redistricting efforts amid national voter map battle
- Democrats pick up seats in both Suffolk and Nassau legislatures