BusinessBusiness RecoveryBusiness giants back Tories NI cut

Business giants back Tories NI cut

23 senior business leaders say an NI hike will harm the economy

Business leaders have backed the Conservatives’ plans to cut the proposed
rise in National Insurance.

In a letter to the
Daily
Telegraph
, 23 senior business figures said an NI hike would harm the
economy.

“The government’s proposal to increase National Insurance, placing an
additional tax on jobs, comes at exactly the wrong time in the economic cycle,”
the letter said.

“As taxpayers we would welcome more efficiency in government. As businessmen
we know that stopping the National Insurance rise will protect jobs and support
the recovery.”

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