Businesses are being hit by tax hikes and higher energy costs 鈥 and it will mostly hurt poorer people
In the UK, much attention has been paid to the fact that employees鈥 national insurance (NI) contributions have increased from April 6 鈥 from 12% to 13.25% for earnings between 拢9,880 and 拢50,270 and then from 2% to 3.25% for earnings above that threshold.