-
Around 170,000 retail workers lost their jobs in 2024 after major chains collapsed
29 Dec 2024 09:55 GMT
… employees lost their jobs this year after several major high street firms … The centre found the remaining job cuts were through ‘rationalisation’, as … a rise in national insurance contributions as well as … money but cost the retail sector an extra £688 million …
-
Public sector contractors pass on NI increase to taxpayers
28 Dec 2024 20:05 GMT
… Whitehall.
Where companies selling to private sector customers face cutting … in labour costs. Others do not, but industry sources … of national insurance contributions (NICs) paid by employers from … of the increased costs made job cuts “inevitable”. They said …
-
Labour's secret £400 holiday tax revealed in fresh blow to British taxpayers
28 Dec 2024 08:10 GMT
… on flights as part of Labour's multi-billion-pound … on the travel industry.
Industry leaders are already contemplating job cuts and reduced investment … due to Rachel Reeves's National Insurance …
-
Top 2024 mergers and company sales Kenyan govt approved, including NCBA and Nati...
26 Dec 2024 01:05 GMT
… of job cuts in January 2025 will affect at least 350 employees.
Base … company, ETC Group, is an investment firm with assets spanning logistics, agrochemicals, insurance … certain assets of Style Industries by Hair Manufacturing, with the requirement that …
-
'It could be our last Christmas': More than 400 pubs closed this year and those left standing face growing pressures caused by the Budget
30 Dec 2024 11:16 GMT
… future of Britain’s hospitality sector, which is weathering subdued … the Labour Government's Budget could lead to more job cuts and … per firm.
Employers will also pay a 15 per cent National Insurance rate … support more than a million jobs, so we know that …
-
Thousands of jobs at risk as Aviva strikes £3.7bn deal to buy Direct Line
25 Dec 2024 00:52 GMT
… flag Up to 2,300 jobs are at risk after Aviva … and create Britain’s biggest insurance company, following weeks of talks. … deal, but the transaction means job cuts will start after the deal … two of Britain’s biggest insurance companies into a giant with tens …
-
Warning over 2,300 jobs at risk and price hikes as Aviva seals the deal on £3.7bn Direct Line takeover
24 Dec 2024 09:28 GMT
… job cuts will cast a shadow over the festive period for the companies … ’ 33,000 employees.
And it is … within the personal lines motor insurance market... [which]... is already … cent of the combined company and Direct Line investors …
-
Andrew Neil's damning eight-word verdict on Labour after UK economy flatlines
23 Dec 2024 17:15 GMT
… warned the rise in employer national insurance contributions (NICs) and … could push them into cutting jobs and raising prices.
Shadow … CBI warned its latest company survey suggested " … It found private sector businesses across all industries expected a …
-
People have been saving more, thanks to pay growth and cooling inflation, but they will need to feel the benefits | Richard Partington
29 Dec 2024 12:04 GMT
… of its manifesto pledges.
Labour’s critics, however, are … increase in employer national insurance contributions (NICs), Britain’s jobs market … across the economy: companies in lower-paying sectors, such as … . But not all will cut jobs, while others will lack …
-
HanesBrands transitions, healthcare expansions top 2024 business list
27 Dec 2024 12:50 GMT
… brand Champion, conducted several job cuts and announced plans to … kidney disease. The company has 80 employees.
On the research … as validate its ambitious manufacturing plans.
However, ProKidney … for its highly profitable insurance subsidiary.
Truist sold in …