One in Four UK Firms Forced to Lay Off Workers Following Tax Hikes: New PMI Data Reveals

In a startling revelation from the latest Purchasing Managers' Index (PMI) data, one in four firms in the United Kingdom has been compelled to initiate job cuts as a direct consequence of tax increases imposed by Chancellor of the Exchequer, Rachel Reeves. The findings come amidst growing concerns regarding the economic climate and its impact on business operations across various sectors.

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Over 200,000 Jobs Cut in the UK: A Deep Dive into Recent Employment Trends

Recent tax data has revealed a stark reality: UK companies have laid off nearly 200,000 employees throughout the year. This alarming trend highlights the ongoing challenges in the job market, as businesses grapple with shifting economic conditions and rising operational costs.

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