Secret Leaders with Dan Murray-Serter & Chris Donnelly
Entrepreneurs react to UK Budget - Will This Fix Britains Debt Disaster?
Nov 1, 2024
The podcast tackles the UK's pivotal 2024 Autumn Budget, highlighting the £22 billion financial shortfall. They discuss Labour’s tax promises and the potential impact on businesses and entrepreneurs. Rising wages in the hospitality sector draw attention, especially for entry-level jobs. There’s a deep dive into recent tax changes and their implications for innovation. Humor blends with disbelief as they navigate the challenges entrepreneurs face amid a shifting economic landscape, all while promoting a more efficient banking solution.
29:56
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Quick takeaways
- The 2024 Autumn Budget addresses £22 billion in public finances with significant tax reforms, affecting businesses and the entrepreneurial community.
- The increase in national insurance contributions raises employment costs for businesses, complicating hiring decisions and risking workforce reductions.
Deep dives
Introduction to Wise Business
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