Labour tax raid and red tape 'put jobs at risk'

EMPLOYERS have delivered a scathing verdict on how Rachel Reeves' tax raid and Angela Rayner's red tape have put jobs and investment at risk.

- By David Williamson CHIEF POLITICAL COMMENTATOR

Vacancies are falling, unemployment is rising and business confidence in the jobs market is low, the CBI is warning.

The Chancellor's shock increase in employers' National Insurance contributions and the hikes in the National Living Wage have an annual cost of more than £24billion, says the business organisation.