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    Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

    Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

    Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

    Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

    Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

    Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

    Donald Trump diary reveals exact time he will arrive in Scotland

    Donald Trump diary reveals exact time he will arrive in Scotland

    Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

    Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

    System must work to protect public as report finds chances missed with Southport killer

    System must work to protect public as report finds chances missed with Southport killer

    NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

    NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

    Scottish Labour MP to vote against welfare reforms despite Keir Starmer climbdown

    Scottish Labour MP to vote against welfare reforms despite Keir Starmer climbdown

    Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

    Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

    Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

    Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

    Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

    Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

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    How the Scottish MPs voted in the assisted dying debate

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      What is a virtual office and why you need one in Central London – Your Company Formations Ltd

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      Inflation rises again to new 40-year high

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      Bank of England hikes interest rates to 1.25%

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      Hiring activity in Scotland slows amid steep decline in staff availability

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      Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

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      Lyall Cameron slammed for ‘disrespect’ as Rangers new boy comes under fire for Dundee ‘jibes’

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      Celtic risk blowing £1.6m transfer windfall as defensive duo head out on loan – Parkhead news bulletin

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      Prince William’s firm five-word statement to Chloe Kelly about Euros goal uncovered by lip reader

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      Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

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      Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

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      Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

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      Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

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      Exact cost of Rangers injury crisis revealed as payments to crocked stars double that of Celtic

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      Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

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      Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

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      Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

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      The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

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        Tech fans rush to buy £30 Acer Chromebook tablet that is ‘perfect for work and play’

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        Apple fans rush to buy MacBook for only £99 after 54% price slash

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        Nicotine pouches packaged like kid’s sweets sold in Glasgow shop

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        Tesco recalls popular beauty and skincare product over nasty infection risk

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        Donald Trump medical condition diagnosed as US President suffers swollen legs

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        Clinical microbiologist issues warning over hidden ‘droppings’ in bed sheets

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        Sainsbury’s ‘gorgeous’ £25 jacket shoppers say is ‘good for all weather’

        Sainsbury’s ‘gorgeous’ £25 jacket shoppers say is ‘good for all weather’

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        Former DWP employee urges all parents to claim Child Benefit to boost State Pension payments

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        DWP boss defends welfare reform changes after PIP plans put on hold

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        People on highest PIP could see payments rise to nearly £800 each month from next April

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        Of the 67 paramedics trained in Wales this year, only 20 have been given jobs

        Of the 67 paramedics trained in Wales this year, only 20 have been given jobs

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        Schoolgirl achieved something incredible and made everyone proud

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        Fury as Welsh Government rejects recommended 4.8% pay rise for teachers

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        Vocational skills to be offered at new secondary school in Swansea

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        Lecturer struck off after falling asleep, playing on his phone and describing students as ‘d*** heads’

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        Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

        Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

        Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

        Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

        Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

        Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

        Donald Trump diary reveals exact time he will arrive in Scotland

        Donald Trump diary reveals exact time he will arrive in Scotland

        Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

        Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

        System must work to protect public as report finds chances missed with Southport killer

        System must work to protect public as report finds chances missed with Southport killer

        NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

        NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

        Scottish Labour MP to vote against welfare reforms despite Keir Starmer climbdown

        Scottish Labour MP to vote against welfare reforms despite Keir Starmer climbdown

        Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

        Buy British buses to save 400 Scottish jobs at Alexander Dennis, says MP

        Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

        Scots fear crime is rising in their local area as SNP Government accused of ‘hollowing out’ police

        Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

        Senior member of Anas Sarwar’s shadow cabinet ‘opposed’ to Labour welfare cuts bill

        How the Scottish MPs voted in the assisted dying debate

        How the Scottish MPs voted in the assisted dying debate

        Trending Tags

        • Business

          Salesforce boss Marc Benioff joins Weev.

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          Inflation rises again to new 40-year high

          Inflation rises again to new 40-year high

          Bank of England hikes interest rates to 1.25%

          Bank of England hikes interest rates to 1.25%

          Hiring activity in Scotland slows amid steep decline in staff availability

          Hiring activity in Scotland slows amid steep decline in staff availability

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

        • Sports
          Lyall Cameron slammed for ‘disrespect’ as Rangers new boy comes under fire for Dundee ‘jibes’

          Lyall Cameron slammed for ‘disrespect’ as Rangers new boy comes under fire for Dundee ‘jibes’

          Celtic risk blowing £1.6m transfer windfall as defensive duo head out on loan – Parkhead news bulletin

          Celtic risk blowing £1.6m transfer windfall as defensive duo head out on loan – Parkhead news bulletin

          Prince William’s firm five-word statement to Chloe Kelly about Euros goal uncovered by lip reader

          Prince William’s firm five-word statement to Chloe Kelly about Euros goal uncovered by lip reader

          Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

          Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

          Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

          Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

          Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

          Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

          Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

          Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

          Exact cost of Rangers injury crisis revealed as payments to crocked stars double that of Celtic

          Exact cost of Rangers injury crisis revealed as payments to crocked stars double that of Celtic

          Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

          Conor Coady in Diogo Jota tribute as old Wolves pal celebrates an ‘incredible person’

          Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

          Brendan Rodgers described me as huge Celtic coup after 24 clubs wanted me – now I have retired aged just 28

          Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

          Ange Postecoglou to LAFC has direct Celtic link as MLS heavy hitters plot ambitious manager move

          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

          The Rangers transfers Russell Martin needs revealed as AEK set Dessers deadline and Shankland a no-brainer

          Trending Tags

          • Technology
            Tech fans rush to buy £30 Acer Chromebook tablet that is ‘perfect for work and play’

            Tech fans rush to buy £30 Acer Chromebook tablet that is ‘perfect for work and play’

            Apple fans rush to buy MacBook for only £99 after 54% price slash

            Apple fans rush to buy MacBook for only £99 after 54% price slash

            Lego Game Boy unveiled with pre-orders now live – but some point out ‘disappointing’ flaw

            Lego Game Boy unveiled with pre-orders now live – but some point out ‘disappointing’ flaw

            Panasonic dishes out £100 takeaway vouchers and 15% off ‘first class’ OLED TVs

            Panasonic dishes out £100 takeaway vouchers and 15% off ‘first class’ OLED TVs

            ‘Classy’ smartwatch that ‘performs as well as expensive brands’ now £50 in Amazon Prime deal

            ‘Classy’ smartwatch that ‘performs as well as expensive brands’ now £50 in Amazon Prime deal

          • Health
            Nicotine pouches packaged like kid’s sweets sold in Glasgow shop

            Nicotine pouches packaged like kid’s sweets sold in Glasgow shop

            Tesco recalls popular beauty and skincare product over nasty infection risk

            Tesco recalls popular beauty and skincare product over nasty infection risk

            ‘I used old-fashioned method to lose 4stone after microwave incident’

            ‘I used old-fashioned method to lose 4stone after microwave incident’

            Donald Trump medical condition diagnosed as US President suffers swollen legs

            Donald Trump medical condition diagnosed as US President suffers swollen legs

            Clinical microbiologist issues warning over hidden ‘droppings’ in bed sheets

            Clinical microbiologist issues warning over hidden ‘droppings’ in bed sheets

          • Entertainment
            Sainsbury’s ‘gorgeous’ £25 jacket shoppers say is ‘good for all weather’

            Sainsbury’s ‘gorgeous’ £25 jacket shoppers say is ‘good for all weather’

            Tesco shoppers ‘run’ to stores for ‘gorgeous’ £29.50 cardigan

            Tesco shoppers ‘run’ to stores for ‘gorgeous’ £29.50 cardigan

            Former DWP employee urges all parents to claim Child Benefit to boost State Pension payments

            Former DWP employee urges all parents to claim Child Benefit to boost State Pension payments

            DWP boss defends welfare reform changes after PIP plans put on hold

            DWP boss defends welfare reform changes after PIP plans put on hold

            People on highest PIP could see payments rise to nearly £800 each month from next April

            People on highest PIP could see payments rise to nearly £800 each month from next April

          • Life Style
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          • Education
            Of the 67 paramedics trained in Wales this year, only 20 have been given jobs

            Of the 67 paramedics trained in Wales this year, only 20 have been given jobs

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            Schoolgirl achieved something incredible and made everyone proud

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            Fury as Welsh Government rejects recommended 4.8% pay rise for teachers

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            Vocational skills to be offered at new secondary school in Swansea

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            Lecturer struck off after falling asleep, playing on his phone and describing students as ‘d*** heads’

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          Most businesses won’t pay more national insurance. But the UK’s small employers still need support

          by BP Author
          November 8, 2024
          in World
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          There are nearly 5.5 million businesses in the UK. It may come as a surprise, however, to learn that most of these (about 4.1 million) are not employers. They might be, for example, the sole traders we call to fix our leaky roof or the freelance workers providing support to bigger firms.

          Of the remaining 1.4 million UK businesses that employ staff, most are micro and small businesses (meaning they have up to 49 employees) and 38,000 are medium-sized businesses (with 50-250 employees). Only 8,000 firms in the UK are large businesses with 250 or more employees.

          Together, the small and medium-sized businesses provide employment for nearly 60% of the UK workforce.

          One of the biggest talking points after the new Labour government’s first budget was the increase in employer national insurance (NI) contributions by 1.2 percentage points across the board to 15%.

          On top of this, chancellor Rachel Reeves announced that the threshold at which employers start paying NI contributions on each employee’s salary is dropping from £9,100 to £5,000, causing anger among many business owners.

          To an extent, these changes were counter-balanced by the increased employment allowance, which lets eligible businesses reduce their NI liabilities, from £5,000 to £10,500 a year. It works by letting some companies pay less in NI contributions each payroll until the allowance is used up, and the move was an attempt by Reeves to protect the smallest employers from increased NI contributions.

          An estimated 1 million employers will pay the same or less in employer NI contributions than they did previously, according to the chancellor.

          However, the decision to increase the employer NI contributions is still likely to put a significant strain on those small businesses that generate employment, particularly those that are on the brink – that is, those businesses that have low profit margins or are in losses. At least one in five SMEs (small and medium-sized enterprises) has been in this situation over the last decade. And given their importance as employers in the UK, achieving sustained and inclusive economic growth depends on their success.

          How will employers respond?

          To cope with this unexpected cost, businesses are likely to take measures to compensate for the increased costs of having employees unless their productivity or profits increase. Neither of these things is easy to achieve in the immediate short run, however.

          Such cost-cutting measures could include freezing any planned recruitment, reducing wages to compensate for the additional taxes or cutting down on future investment. They could even include closing the business – unless of course the promised additional public investment leads to an overall improvement in the market conditions that these businesses face.

          bar owner standing in front of his bar looking at a tablet

          Struggling employers may start to cut shifts, staff or wages.
          PeopleImages.com-Yuri A/Shutterstock

          In 2023-24, more businesses folded than were started in the UK. It is estimated that the total number of businesses decreased by 56,000 – of which 18,000 were companies that employ staff rather than being sole traders or other solo ventures.

          This trend is likely to continue over the next few years unless measures are put in place to support these small businesses that are on the brink. These measures could include innovation grants, low-interest credit options, offering support when there are policy-induced reasons for business failure, and initiatives to help small businesses find new markets beyond the UK.

          Trickle-down economics has typically argued that rewarding the top 1% is key to maintaining private sector investment and growth – however, the strategy has not always worked out like that in practice. For example, it failed spectacularly under former prime minister Liz Truss when she and chancellor Kwasi Kwarteng introduced their now infamous mini-budget in 2022.

          Reeves’ budget does the opposite. By taxing businesses and through borrowing, it increases spending for state schools, investment in the NHS and public services, minimum wage rises, and freezes the fuel duty – measures that the International Monetary Fund has commended.

          But a significant proportion of those businesses are SMEs that are just about managing their balance sheets and will need additional support. According to a pre-budget survey of 1,000 UK business leaders, business confidence has fallen but remained high while regulations, customer demand, competition and tax burden are significant challenges.

          While there could be positive impacts in the long term from the new public investment, there is a real prospect that the increased NI employer contributions could create a negative business sentiment, leading to recruitment and pay freezes and more business closures. So there is an urgent need now to provide support for the small businesses that create employment in the UK. Without them – and the jobs they support – the UK will struggle to achieve the inclusive growth it is chasing.



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