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Evening Standard

Business

Liz Ritchie

Does the huge NIC rise in the capital smash the business case for a London postcode?

London United Kingdom

City Voices - (ES)

Service firms in the UK such as financial, legal and consulting companies have long been a beacon of innovation and job creation in its capital city. However, the tide may be changing and London may not be the default option for a base of operations in future.

The harsh reality of rising employer National Insurance Contributions (NICs) could change the equation: and leave many businesses to face a stark choice about where to call ‘home’.

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