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.