Business2 sources

Businesses Delay Hiring and Major Purchases Due to Budget Concerns

  • Some businesses are waiting for the October Budget to see changes in employment costs.
  • Three-quarters of small business owners are delaying having kids or buying houses due to tax fears.
  • More than half of firms surveyed plan to raise prices if the Budget is unfavorable.
  • The Budget's impact on employment costs is a significant concern for businesses.
  • Tax fears are influencing major life decisions for many small business owners.
Businesses Delay Hiring and Major Purchases Due to Budget Concerns | Split Angle