Reeves’ Tax Hike Tightens Grip on UK Jobs Market, REC Poll Finds

Hiring plans fall to record lows as Rachel Reeves' tax raid fears grip UK employers

Britain’s job market has taken a sharp hit, with hiring dropping to record lows

Reeves' Tax Hike Tightens Grip on UK Jobs Market, REC Poll Finds

(Bloomberg) — The UK jobs market weakened across the board in July as employers cut their payroll budgets in response to Chancellor of the Exchequer Rachel Reeves’ £26 billion ($34.9 billion) tax increase, according a survey closely monitored by the Bank of England.

Reeves’ Tax Hike Tightens Grip on UK Jobs Market, REC Poll Finds

The UK jobs market weakened across the board in July as employers cut their payroll budgets in response to Chancellor of the Exchequer Rachel Reeves’ £26 billion ($34.9 billion) tax increase, according a survey closely monitored by the Bank of England.

Blow for Reeves as hiring plans ‘at record low’ in wake of national insurance hike

Labour chancellor has warned the public that the change they voted for in last summer’s election was ‘never going to happen overnight’

'One tax will help Rachel Reeves plug her black hole - but it will destroy her'

The Chancellor might as well resign now. It'll save her an awful lot of bother.

Blows for Reavs to hire 'Record Cum' in view of National Insurance Hike

Rachel Reeves has been given a new blow to the economy as the company falls on the “record low” plan ... Read more The post Blows for Reavs to hire ‘Record Cum’ in view of National Insurance Hike appeared first on The Local Report.