Rachel Reeves’s “Budget for Growth” was followed by the biggest rise in business closures since lockdown, The Telegraph reports.
From October to December 2024, 4,500 companies shut down—the worst quarter since early 2021.
Business groups blamed the Chancellor’s national insurance hike, calling it a “hostile environment” that could lead to job cuts. Liquidators saw nearly a year’s workload in weeks.
Dr David Bull speaks with Associate Editor for the Telegraph, Michael Mosbacher.
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