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Over half of Norfolk businesses plan price hikes in 2026 due to taxes, wages, and labor rules, hurting confidence and investment.
More than half of Norfolk businesses plan price hikes in early 2026, driven by tax increases, rising wages, and new labor rules, according to a British Chambers of Commerce survey.
Nearly two-thirds cite tax hikes as a top concern, while business confidence has dropped to a three-year low.
Firms report reduced investment, hiring struggles, and declining turnover expectations, especially in retail, hospitality, and leisure.
Upcoming business rate increases in April and postponed mayoral elections have further dampened confidence.
Leaders urge clearer policies, tax reform, and faster release of promised funding to stabilize the regional economy.
Más de la mitad de las empresas de Norfolk planean subidas de precios en 2026 debido a impuestos, salarios y reglas laborales, perjudicando la confianza y la inversión.