Brecon and Radnorshire Senedd Member's opinion column

The recent UK Labour Budget has dealt a blow to many in our area, whether that’s small and medium businesses, on healthcare providers, or on the agricultural community. Many have approached me to express their concerns over the increase to employers’ National Insurance and the National Living Wage. They are questioning just where this money will be found at a time when profits are already slim. Whilst any increase is welcome from an employee’s perspective, it is ultimately a cost that businesses must cover, and that could mean reducing staffing hours or raising prices for the consumer.

The hospitality sector will be the hardest........

© Shropshire Star