A year after tax rises removed thousands of jobs from the economy, businesses are braced for a new set of disastrous Labour measures Daily Telegraph 20/03/26 With just a fortnight to go, the reality of a new slate of socialist measures which will land on the heads of business in Labour’s “April Armageddon” is setting in. What started a year ago when the rise in employer National Insurance contributions kicked in and thousands of jobs were kicked out of the economy will continue this April when the next set of measures come crashing down on businesses. The broader economic context could not be worse. One in six young people are now unable to find a job, GDP per capita is falling, and gilt yields are rising as we battle stubbornly high inflation and rising oil prices. Even after a year of job cuts and hiring freezes, Labour’s choices have business confidence stuck at levels not seen since the global pandemic. All of this is down primarily to a Cabinet that neither understands nor ca...