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'We will see closures': The industries hit hardest by national insurance hike

  • MPs voted against exempting hospices from increased National Insurance contributions, raising the rate to 15%. This decision may lead Scottish hospices to consider redundancies and could worsen their financial situation by £2.2 million this year.
  • Jacki Smart, CEO of Accord Hospice, stated that this financial strain could harm the quality of care hospices provide, describing the government's policy as 'immoral.'
  • Scottish firms are expected to face job losses due to the National Insurance hike, with surveys indicating hundreds of thousands of businesses may lay off workers.
  • A Scottish Government spokesperson announced a £5 million funding increase to help hospices manage the impact of the National Insurance rise and continue providing quality care.
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Daily Express broke the news in United Kingdom on Thursday, April 3, 2025.
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