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flag UK businesses plan cuts and slower hiring due to expected slowdown from higher national insurance costs.

flag UK businesses are preparing to cut staff and slow hiring as they face a predicted slowdown in output due to increased national insurance contributions. flag A CBI survey of 990 firms shows a drop in business output over the next three months, with companies also considering moving jobs overseas to manage higher costs. flag The survey reflects a weaker sentiment among businesses following the government's autumn Budget.

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