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The Independent UK
The Independent UK
Business
Anna Wise

Employer national insurance hike to slow hiring and wage growth, critics say

(Alamy/PA) -

The Chancellor has admitted that hiking employer national insurance will be felt “beyond businesses”, as critics warn changing the UK’s second-biggest tax will have a knock-on impact on hiring, wages and staff benefits.

Rachel Reeves announced the tax increase in her autumn Budget statement to the House of Commons.

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