Now that April’s tax horror week – with Reeves’ budget taxes coming into force – is starting to set in the Chartered Institute of Personnel and Development has conducted its latest survey into employer confidence. It tells a familiar story…
The figures:
Those are the lowest employment balance figures outside of the pandemic. CIPD explains the downturn: “From April, employers across the UK have begun to feel the full effect of increases to National Insurance Contributions and the National Living Wage outlined in last year’s budget.” Plus: here comes the Employment Rights Bill…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”