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UK suffers steepest hiring slump in Europe as Reeves’s tax raid bites
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Britain has recorded the steepest decline in hiring intentions of any major European economy, as employers struggle with the fallout from last autumn’s £26bn payroll tax raid and brace for another squeeze in the Chancellor’s November Budget.

UK suffers steepest hiring slump in Europe as Reeves’s tax raid bites

Britain has recorded the sharpest fall in hiring intentions across Europe, with recruiters warning of a “tough outlook” as Rachel Reeves prepares another multi-billion-pound tax raid on employers.