Shropshire business owner says Budget impact will be 'massive'

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Anthony Nicholls, who owns two Shropshire businesses, fears Budget changes will cost him.

A Shropshire small business owner has said the impact of the new Budget announced on Wednesday will be "massive".

Chancellor Rachel Reeves raised taxes by £40bn, including an increase in National Insurance contributions for employers from April. "The Budget is going to hit me financially - it's going to hit a lot of small and medium businesses, definitely," he said.

 

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