Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UK business confidence hits five-year low amid tax hikes, costing jobs and raising prices.

flag UK business confidence has hit a five-year low, primarily due to upcoming tax increases and rising employment costs. flag Nearly a third of firms plan to cut jobs or reduce hiring, while over 40% intend to raise prices. flag The Federation of Small Businesses reports a significant drop in confidence, falling to -64.5 points, its lowest since the start of the pandemic. flag Finance Minister Rachel Reeves defends the tax hike as necessary for public finances, but the Bank of England has lowered its 2025 growth forecast to 0.75%.

46 Articles