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flag UK small businesses plan job cuts due to rising costs and new employment laws, FSB poll shows.

flag A recent Federation of Small Businesses (FSB) poll found that 33% of small UK firms plan to cut jobs, up from 17% previously. flag Concerns over new employment laws, including changes to unfair dismissal and sick pay, coupled with rising labor costs from increased national insurance contributions and minimum wage hikes, are driving these cuts. flag The FSB warns this could lead to higher unemployment and welfare costs, negatively impacting living standards.

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