Written Question·Department for Business and Trade·UIN 54572
Small Businesses: Labour Turnover and Pay
Tabled: 22 May 2025
Answered: 5 June 2025
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of increased operating costs on the (a) employment retention and (b) pay levels of small businesses.
Answer
Justin MaddersThe Government recognises the need to protect the smallest employers. The Government has doubled the Employment Allowance, meaning that more than half of businesses with NIC liabilities will either gain or will see no change this year. As well as this, a ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 54572) →