BudgetOct 31 2024

'Businesses will be hit hard by Labour's first Budget'

Flora Barnes
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'Businesses will be hit hard by Labour's first Budget'
Chancellor Rachel Reeves announces several measures which will increase costs for businesses (UK Parliament/AFP via Getty Images)
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We were braced for a difficult Budget, but businesses will be reeling this morning following the chancellor’s £40bn of tax rises, most of which fell on employers and entrepreneurs.

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