Top UK business group warns budget tax hikes 'hit growth' at firms

NAMPA / DPA

2024-11-25

London (PA Media/dpa) - Tax rises in the autumn budget are undermining investment among UK companies, according to the head of one of Britain's most prominent business groups. Rain Newton-Smith, chief executive of the Confederation of British Industry, will warn in a speech on Monday that the measures announced last month have made it harder for businesses to "take a chance" on hiring new people. However, UK Finance Minister or Chancellor of the......

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Economy

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