The chancellor has admitted national insurance rise won’t be ‘easy’ for businesses

Rachel Reeves

Source: HM Treasury

Chancellor Rachel Reeves has said the increase in employers’ national insurance contributions announced in the Budget will not be “easy” for businesses to absorb.

At a conference in Hull, Reeves said: “I’m not going to pretend that it’s going to be easy for businesses, or indeed for charities or local authorities, to absorb, especially, the national insurance increase.

 

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