News

UK businesses battle NI hike

Business representatives are lobbying the government to scrap the proposed rise in National Insurance, scheduled for April 2011.

The rise was announced in last year’s budget, as one of a number of measures to tackle the national debt, but business groups – led by the British Chambers of Commerce (BCC) – have argued this will discourage new recruitment just at the time when unemployment is hopefully beginning to fall.

Other groups which have added their names to the list of opponents include the British Retail Consortium (BRC), Confederation of British Industry (CBI), Chartered Institute of Personnel and Development (CIPD), Forum of Private Business (FPB), Federation of Small Businesses (FSB), Institute of Directors (IOD), and the Recruitment Employment Confederation (REC).

The groups urged the government to work with them to find alternative measures to reduce the budget deficit, including spending cuts.

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