As Labour’s first budget introduces changes in taxation, skills funding, green investments, and regional development, employers are weighing the potential impacts on their operations and planning for the year ahead. Through our recent survey series, we gathered insights from our clients and community on their views of these policies, revealing mixed responses. Here, we present a summary of key budget initiatives and what our polls tell us about employer sentiment—and how Maxwell Bond can support businesses to navigate these changes and “thrive in 2025.”
Labour’s First Budget: A Pulse Check from Employers and What It Means for 2025
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