Budget 2003: National Insurance and Red Tape are Employers' Main Concerns

Writing for this week’s People Management magazine, CIPD Chief Economist John Philpott puts forward the employers' group's top complaints ahead of next week’s budget.

The article points to the rise in employers’ National Insurance Contributions (NICs) - which Gordon Brown announced in his 2002 Budget, and which comes into effect this month - and employment legislation.

The business lobby has argued that higher NICs and stronger legal rights for workers amounts to a harmful tax on jobs... (29 more words)

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