Retail leaders call on government to phase in national insurance changes to ‘mitigate harmful effects’ of Budget

Rachel Reeves carrying chancellor's red box

Source: HM Treasury

Leaders from across the sector have signed a letter calling on the government to phase in changes to national insurance contributions to ease the burden on the retail from the Budget.

In an open letter to the chancellor authored by the BRC and signed by 79 retailers, the membership body has called on the government to phase in the introduction of the new lower earnings threshold on national insurance, delay the timelines for implementation on packaging levies and bring forward the timetable on business rates reform to make the Budget fairer for retail.

 

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