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Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICsThe Bank of England governor, Andrew Bailey, has said retailers are right to warn of potential job cuts as a result of tax increases announced at last month’s budget.Bailey appeared before the cross-party Treasury select committee on Tuesday, after almost 80 retailers claimed rising costs would make “job losses inevitable, and higher prices a certainty”. Continue reading…
Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs
The Bank of England governor, Andrew Bailey, has said retailers are right to warn of potential job cuts as a result of tax increases announced at last month’s budget.
Bailey appeared before the cross-party Treasury select committee on Tuesday, after almost 80 retailers claimed rising costs would make “job losses inevitable, and higher prices a certainty”.
