The Chancellor's commitment to long-term planning over short-term political goals is welcomed; recent government strategies have overly focused on immediate issues and not on sustainable growth.
Businesses acknowledge the need for fiscal changes and accept the NIC increase for its ease of implementation, while recognizing the current political landscape allows it to be viewed as the least objectionable option.
The economic environment is hurt by increased NICs and minimum wage rates, which could deter the investment growth needed. Entrepreneurs are crucial for that growth.
Proactive government actions are essential for economic recovery rather than just reactive measures; anticipating tax cuts for competitiveness after damage is counterproductive.
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