CBI chief hits out at Reeves after firms face ‘heavy burden’ from tax rises

The video discusses the financial challenges businesses face, particularly after recent budget changes. It highlights the impact of rising National Insurance, changes in thresholds, and increased National Living Wage on companies. Many businesses, especially in retail and hospitality, are in crisis containment mode, focusing on damage control rather than growth and investment.

What are the main concerns companies have regarding investment after the budget?

How has the rise in National Insurance affected business decisions?

What factors contribute to the heavy burden on businesses as mentioned in the text?

What challenges do firms face in creating more opportunities and investments?

In what ways have companies in retail and hospitality responded to their current situations?