Councillor Rachel Bentley calls for the immediate repeal of the Chancellor's jobs tax, which disproportionately impacts employees in London, leading to an expected drop in real wages by over £4,500 by the decade's end. Research by the Liberal Democrats indicates that the increase in employers' National Insurance will be passed down to workers. Business owners like Amy Downes express deep concern, highlighting financial difficulties that threaten job creation and local economic growth as rising costs challenge their survival amid thin profit margins.
Cllr Rachel Bentley has demanded that the Chancellor 'immediately scrap her jobs tax' as employees in London face a substantial financial hit due to rising costs.
With high streets on the brink, businesses like Amy's cafes struggle to survive under the burden of higher National Insurance contributions that reduce their ability to invest in staff.
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