Lord Rose and 150 business leaders are sounding the alarm as rising employer national insurance taxes drive jobs away and stifle investment, warning of a “death by a thousand cuts” for new businesses — especially young people, with nearly half of recent job losses hitting those under 25. The CBI joins the call for tax relief before the next budget, fearing boarded-up shops, shuttered pubs, and Britain’s brightest minds fleeing the country. With political will in question, the fear is that this government’s legacy could be record youth unemployment — made worse by policies that punish work.
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