February 23, 2025

Budget tax hikes and financial gloom ‘acting as brakes’ on employment

 Budget tax hikes and financial gloom ‘acting as brakes’ on employment

Budget tax hikes and financial gloom ‘acting as brakes’ on employment

Companies are slowing investment until they see more momentum in the economy, according to a closely-watched report on employment conditions which warns that budget measures are “acting as brakes” on hiring.