The loss of more than 150,000 payroll jobs Since Labor Took is a “Stark Warning” of how its policies threaten employment, the government has been warned. The number of britons on payrolls has sunk from 30,453,605 in July last year to 30,301,776 in April.
Tina McKenzie Warned that 46% of Small Business Employers Now say Labour costs are among their “Biggest Barriers to Growth”. She Said Just 8% of Small Businesses Were Able to Increase Their Staff Numbers in the FIRST Quarter of this year.
“It is of course alarming to see the sustained fall in the number of employees on payroll,” She Said. “The Rise in Employer National Insurance Contributions (NICS) will ultimately leave many paying more tax on email.”
Warning of “Havoc” ahead, she has a planned overhaul of workers’ right but stop business on.
She SAID: “The government also also needs to think again and regork the parts of the employment right that will be wreak havoc on greening 75% of Small Employers Expand the grounds for unfair dismissal, and 74% fear changed to Statutory Sick Pay. “
Larger employers are also worryed.
Matthew Percival, of the CBI, Said: “Our Surveys Show that Businesses’ Hiring Intentions have been negatives for several months, with cost pressures, heightened uncertainty and subdued trading conditions As keys factors.
“The increases in National Insurance Contributes is a Big Factor, along with the National Living Wage and the anticipated cost of the employment right.”
Shadow Chancellor Mel Stride Said: “The Loss of 150,000 Payroll Jobs Since Since Labour Came to Power is Not Just A Stark Warning – It Reflects of Real Conse Reckless Exchange Mismanagement.
“Instead of Supporting Growth and Job Creation, they’ve chosen to hit businesses and workers with punishing tax hikes, including their damaging jobs tax.
“At a time when be encouraging employers to invest, hire, and grow, Labour has made it more experience to create jobs and hard to find. Short -pointed – they are fundamentally irresponsible. “
Warning of the impact on peoplay’s lives, He re: “Every Lost Job is a Lost Oppportunity, a Lost Future, A Family Struggling to Make Ends Meet. Labor’s Economic Police.
“You can get tax your way to growth.
“Taxing Work Means Lower Salaries, Fewer Jobs, More Offshoring of Jobs and More Redundancies. Any real-world Business Experience. “
A treasury spokesperson defended the Government’s Record, Saying: “We are a pro-business government. We have sue for the interest rate cuts Since the election, the Fastest Growth in the G7 at the Start of this year. And in the last month we have secured new economic dials with the EU, us and India to help low costs for businesses.
“We have also capped corporation tax, provided business rates, and are protecting the smallest business from the employer National Insurance.”