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The Independent UK

Business

Henry Saker-Clark

Rise in national insurance to hit jobs and investment, high street bosses warn

Insurance Nick Mackenzie Starmer Greene King PA Graphics

High street bosses have warned over the impact of NIC increases on jobs and investment (Andrew Matthews/PA) - (PA Wire)

High street jobs and investment plans are at risk because of the hike in national insurance payments, retail and hospitality bosses have warned.

It comes as the rate of employer NICs (national insurance contributions) increases from 13.8% to 15% on Sunday April 6.

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