There’s a major flaw in Chancellor Rachel Reeves’ plan to push people off benefits and into work—how can they get jobs if there aren’t any? Business leaders are sounding the alarm, warning that her tax plans could end up doing more harm than good. The biggest concern? A hike in employers’ National Insurance contributions, set to hit next month, could make hiring new staff too expensive, leading to a serious employment crisis.
For those hoping to land entry-level jobs in sectors like hospitality and retail, the future isn’t looking bright. UK Hospitality’s Kate Nicholls has warned that the industry is facing a “crisis of confidence” not seen since inflation soared above 10%. That means fewer pubs, restaurants, and shops taking on staff – a bleak prospect for job seekers, reported the Express.
