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Half of firms expect to stop hiring if Reeves hikes taxes
Daily Express
|October 18, 2025
MORE than half of businesses would cut staff or stop hiring if taxes are hiked at next month’s Budget, a survey of accountants has found.
JOBS WARNING: Alan Vallance
It’s another warning that Chancellor Rachel Reeves risks inflicting further damage on the jobs market.
Ms Reeves has publicly said that she was considering making tax hikes as her £9.9bn headroom looks set to be taken out by a fiscal hole valued at around £30bn.
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