Business Confidence Dips to Lowest Level Since Mini-Budget as Majority of Firms Blame Reeves’ Tax Raid

It’s more grim recess reading for Reeves as business confidence crashes to its lowest level (-3) since the infamous mini-budget era, according to a survey by the Institute of Chartered Accountants in England and Wales. A record-breaking 56% of firms now say Reeves’ relentless tax raids are a “growing challenge,” hammering hiring plans and killing off confidence.[…] Read the rest