Businesses are being hit by tax hikes and higher energy costs – and it will mostly hurt poorer people
- Written by Richard McManus, Director of Research Development/Reader in Macroeconomic Policy, Canterbury Christ Church University
Wages and consumer goods are in the firing line. Etienne Giradet/Unsplash, CC BY-SAIn the UK, much attention has been paid to the fact that employees’ national insurance (NI) contributions have increased from April 6 – from 12% to 13.25% for earnings between £9,880 and £50,270 and then from 2% to 3.25% for earnings above...
