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The government is seeking ways to plug a £22 billion ($28.8 billion) hole it says it inherited in the public finances.The government is seeking ways to plug a £22 billion ($28.8 billion) hole it says it inherited in the public finances.

UK Cabinet Minister Signals Plan to Raise Business Payroll Tax
UK Cabinet Minister Signals Plan to Raise Business Payroll Tax

A UK cabinet minister added to speculation that the government is planning to increase payroll taxes for businesses by raising their national insurance contributions.

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VFvidsfromaphone.bsky.social

Tax the rich. Foot them the bill. Problem solved.

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Bloomberg
@bloomberg.com
The first word in business news. Newsletters: bloom.bg/newsletters Podcasts: bloom.bg/podcasts The Big Take podcast: trib.al/jtoXfuT
131.7k followers55 following2.5k posts