UK private sector shrinks payrolls as weak demand and tax rises spur recession fearsUK private sector hiring is declining sharply, posing recession risks as firms cut jobs and investment amid rising costs.
Employers' National Insurance hike will impact London workers - London Business News | Londonlovesbusiness.comThe proposed NI contribution increase will indirectly impact London workers through tough business decisions necessitated by rising costs.
Businesses face monthly hike of 209 per employee amid Labour's Budget - London Business News | Londonlovesbusiness.comUK businesses face an average cost rise of £209 per employee per month due to National Insurance and National Living Wage changes from April 2025.
Employers' National Insurance hike will impact London workers - London Business News | Londonlovesbusiness.comThe proposed NI contribution increase will indirectly impact London workers through tough business decisions necessitated by rising costs.
Businesses face monthly hike of 209 per employee amid Labour's Budget - London Business News | Londonlovesbusiness.comUK businesses face an average cost rise of £209 per employee per month due to National Insurance and National Living Wage changes from April 2025.
Budget tax rises could push more firms into trouble, says insolvency specialistIncreased employment costs and higher interest rates may push UK businesses into insolvency, prompting more demand for insolvency and recovery advice.
CBI downgrades economic growth amid Labour's Budget - London Business News | Londonlovesbusiness.comUK economic growth is expected to be slower than previously forecasted, with GDP growth at 0.9% in 2024 and 1.6% in 2025.
UK private sector growth barely registers in November's PMI readingThe UK's private sector economy shows marginal growth, with deep concerns about stagnation due to rising costs and policy changes.
Overall, the economic 'growth picture remains one of stagnation' - London Business News | Londonlovesbusiness.comThe UK economy experienced minimal growth of 0.1% in Q3 2024, indicating stagnation and decreasing consumer confidence.
Budget tax rises could push more firms into trouble, says insolvency specialistIncreased employment costs and higher interest rates may push UK businesses into insolvency, prompting more demand for insolvency and recovery advice.
CBI downgrades economic growth amid Labour's Budget - London Business News | Londonlovesbusiness.comUK economic growth is expected to be slower than previously forecasted, with GDP growth at 0.9% in 2024 and 1.6% in 2025.
UK private sector growth barely registers in November's PMI readingThe UK's private sector economy shows marginal growth, with deep concerns about stagnation due to rising costs and policy changes.
Overall, the economic 'growth picture remains one of stagnation' - London Business News | Londonlovesbusiness.comThe UK economy experienced minimal growth of 0.1% in Q3 2024, indicating stagnation and decreasing consumer confidence.
New sick pay rules risk dismissals as businesses grapple with Rayner's reformsNew proposals for workers' rights may increase the risk of layoffs due to higher costs for employers, especially small businesses.
Budget tax rise puts two in five UK hair salons at risk of closure, warn industry leadersThe UK hair salon industry is at significant risk due to increased employment costs, with 40% of salons considering closure.
Rising wage costs dampen small business confidence, FSB survey revealsRising employment costs are eroding confidence among UK's small businesses, leading to significant economic strain and potential job cuts.