Businesses fear national insurance hike as budget announced

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Businesses fear national insurance hike as budget announced
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Shahram Navard, owner of Ye Old Fish chip shop, said: 'It will squeeze us as a small business'.

Businesses in the West are worried about a national insurance hike ahead of the Labour government's first budget.

He said: "For national insurance going up for the employer, pension contributions going up, it’s more costs to us which you know we struggle with.” Chris Geddes, 62, who is retired, said: "For me it’s the pensions and people not receiving the winter fuel. "They’ve given us more money as a state pension but actually most people will end up paying a lot of tax," she said.

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