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Employers still nervous as £20bn tax rise ‘hangs over like a fog’, survey says

City A.M. Friday, 28 March 2025 ()
Employers still nervous as £20bn tax rise ‘hangs over like a fog’, survey saysEmployers remain pessimistic about hiring new staff as businesses “hoped for more” from the Spring Statement, according to the Recruitment and Employment Confederation (REC).  Chancellor Rachel Reeves‘ Spring Statement saw multi-billion pound spending commitments on defence and construction as she vowed to “kickstart economic growth”.  But a new survey of more than 700 UK employers [...]
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