Employers give Pre-Budget Report a guarded welcome

Employers’ organisations have given a mixed and cautious response to Chancellor Alistair Darling’s Pre-Budget Report, announced yesterday afternoon.

Business groups, while welcoming the size of the fiscal boost announced by the Chancellor, warned that the plan to raise national insurance contributions by 2011 would hit employers hard and could act as a brake on employment.

Miles Templeman, Director-General of the Institute of Directors, says:

“The increases in national... (277 more words)

Information centre access is required.