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Telegraph

Budget tax raid will harm wage growth and hiring, Business Secretary admits

Telegraph
Summary
Nutrition label

66% Informative

Jonathan Reynolds accepted that the Chancellor’s plans to increase employer National Insurance contributions (NICs) and raise minimum wage will hamper businesses.

Mr Reynolds said that these tax hikes will “be something which affects how that business operates, what they can do in terms of recruitment and pay” Comments come after Rachel Reeves unveiled plans to raise 25bn from April .

VR Score

73

Informative language

77

Neutral language

9

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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