Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Kate Devlin

Reeves’s tax hikes have triggered redundancies and new record low in business confidence, employers warn

Rachel Reeves is facing a double whammy of economic blows as employers warn of the dire impact of her Budget tax hikes.

The number of companies planning to make staff redundant has reached its highest level in a decade outside the Covid pandemic, according to a new survey.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.