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**Payroll Numbers and Vacancies Keep Sliding as Unemployment Creeps Up After Rachel Reeves’ Huge Tax Raid on Businesses**
The latest economic data has revealed a concerning trend, with payroll numbers and vacancies continuing to slide as unemployment inches up. This comes just days after Labour MP Rachel Reeves announced a massive tax raid on businesses.
According to the statistics, the number of employees on company payrolls has fallen for the second consecutive month, indicating a decline in hiring activity across various industries. This downturn is particularly concerning given the already high levels of joblessness in the country.
Meanwhile, vacancies have also seen a significant drop, suggesting that businesses are becoming increasingly hesitant to advertise open positions. This lack of confidence is likely due to the increased tax burden imposed by Reeves’ new policy.
The news has sent shockwaves through the business community, with many firms already struggling to stay afloat amidst rising costs and declining consumer demand. The tax hike will only exacerbate these issues, further stifling economic growth and reducing job opportunities.
These dire statistics come as no surprise given the catastrophic consequences of Reeves’ draconian tax policy. It’s clear that her solution to the country’s financial woes is not working, and it’s time for a change.
The data highlights the urgent need for policymakers to rethink their approach to taxation and support businesses in their efforts to remain competitive on the global stage. Anything less would be a recipe for disaster.
Sources:
Source: www.dailymail.co.uk
