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

  • Labour's jobs tax will have "catastrophic consequences" for charities, costing them £1.4 billion annually, according to Conservatives.
  • Charities face a £1.4 billion annual cost due to the increase in employer National Insurance contributions, as warned by the National Council for Voluntary Organisations.
  • Homelessness charities warned they could lose up to £60 million, impacting thousands, as stated in their letter to the Chancellor.
  • Curie stated it must pay £2.92 million yearly and may reduce services due to the employer National Insurance rise.
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Bias Distribution

  • 63% of the sources are Center
63% Center
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Daily Express broke the news in United Kingdom on Thursday, April 3, 2025.
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