National insurance increase and higher interest rates mean company failures will stay high, says Begbies TraynorBusiness live – latest updatesHigher employment costs as a result of the budget may push more British businesses into financial difficulty, according to the UK’s largest insolvency practitioner.Begbies Traynor said that increased employment costs, as well as higher interest rates, would extend a period of “elevated insolvency levels”, in a statement to the stock market on Monday. Continue reading…
Source link : https://www.theguardian.com/business/2024/nov/18/budget-tax-rise-insolvency-national-insurance-begbies-traynor
Author : Jasper Jolly
Publish date : 2024-11-18 09:50:12
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Budget tax rises could push more firms into trouble, says insolvency specialist
