{"id":156967,"date":"2025-11-28T06:15:07","date_gmt":"2025-11-28T06:15:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/156967\/"},"modified":"2025-11-28T06:15:07","modified_gmt":"2025-11-28T06:15:07","slug":"2025-budget-may-be-breaking-point-for-london-businesses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/156967\/","title":{"rendered":"&#8216;2025 Budget may be breaking point for London businesses&#8217;"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Businesses across London have been reacting to the measures announced by Chancellor Rachel Reeves in Wednesday&#8217;s Budget.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">One of the biggest talking points is that the lowest-paid workers will get higher wages from April. Those aged 18-20 will see the minimum wage rise 85p to \u00a310.85 and over-21s will be paid \u00a312.71, up 50p.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Businesses operating in properties valued above \u00a3500,000 will pay higher business rates, which is one of the concerns raised by companies operating in the West End.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Ros Morgan, Heart of London Business Alliance&#8217;s chief executive, said: &#8220;The reality is businesses have been hit really hard so with the wages increase, the National Insurance (NI) increase and now the business rates increase, it&#8217;s a triple whammy.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Businesses across London have been reacting to the measures announced by Chancellor Rachel Reeves in Wednesday&#8217;s Budget. One&hellip;\n","protected":false},"author":2,"featured_media":156968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-156967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/156967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=156967"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/156967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/156968"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=156967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=156967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=156967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}