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