Bad News, "it comes in threes"

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also big increase in RFD grant and renewal, that is only a three year licence. Then all over costs are also increasing, plus NI and minimum wage.

The increases are far greater than if adjusted for inflation since 2015. Just part of filling the 22billion black hole.
 
also big increase in RFD grant and renewal, that is only a three year licence. Then all over costs are also increasing, plus NI and minimum wage.

The increases are far greater than if adjusted for inflation since 2015. Just part of filling the 22billion
 
also big increase in RFD grant and renewal, that is only a three year licence. Then all over costs are also increasing, plus NI and minimum wage.

The increases are far greater than if adjusted for inflation since 2015. Just part of filling the 22billion
Strange that when NI for employers was not that long ago reduced from 15.05% to 13.8% prices didn't reduce and pay didn't go up. Put it back up to 15% according to the press and pay negotiators it's the end of the world.
 
Strange that when NI for employers was not that long ago reduced from 15.05% to 13.8% prices didn't reduce and pay didn't go up. Put it back up to 15% according to the press and pay negotiators it's the end of the world.

Possibly it’s the double whammy of both NI and minimum wage going up that is the issue. 2022 NI last at 15% interest rates were what 1%

But you make an interesting observation.
 
it is more than a double whammy

In October's Budget, the government increased the rate of National Insurance (NI) paid by employers from April, and also reduced the threshold that employers start paying it at from £9,100 to £5,000.
 
it is more than a double whammy

In October's Budget, the government increased the rate of National Insurance (NI) paid by employers from April, and also reduced the threshold that employers start paying it at from £9,100 to £5,000.
If people thought inflation was on the way down just wait till after April 🚀 we are on a collision course with this government 😩
 
it is more than a double whammy

In October's Budget, the government increased the rate of National Insurance (NI) paid by employers from April, and also reduced the threshold that employers start paying it at from £9,100 to £5000.
Thats nearly a whole £50 extra per year. 🙄
 
Thats nearly a whole £50 extra per year. 🙄
Which is considerably less than people saved by the cut in NI paid by employees from 12% to 8% done in early 2024 in an attempt to make everyone ignore the complete sh*tshow of the previous two years and re-elect them. Biggest mistake the current crop made was to commit to not putting it back up. It had been 12% since 2011 and it hasn't been down at 8% or less since 1981! Employee NI payments bring in over £150billion a year to the govt coffers, you can't just cut that by a third and think that it doesn't need to be recouped from somewhere else. NI was originally intended to fund state pensions and the NHS and the costs of those aren't going down any time soon.
 
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