Thousands of businesses are closing ahead of this week’s Budget, which economists fear will amount to one of the biggest corporate tax raids of the modern era
The Chancellor has declared her maiden fiscal statement will “grow the economy” and attract investment into Britain.
But figures show there has been a surge in the number of business owners shutting up shop amid widespread concern Rachel Reeves will raid capital gains tax in an attempt to raise £40 billion.
Increasing National Insurance, freezing tax allowances, and trying to raid businesses
How to wreck jobs!! Also, record number of businesses preempting the budget mess due on 30th Oct and voluntary winding up.
How will businesses pay for the cost? Fewer jobs and rise in prices. Looks like a dire mess could kick off soon.
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