{"id":281305,"date":"2025-11-24T21:34:10","date_gmt":"2025-11-24T21:34:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/281305\/"},"modified":"2025-11-24T21:34:10","modified_gmt":"2025-11-24T21:34:10","slug":"uk-business-chief-warns-of-tax-hit-leading-to-certain-decline","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/281305\/","title":{"rendered":"UK Business Chief Warns of Tax Hit Leading to \u2018Certain Decline\u2019"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Britain\u2019s most prominent business group has urged Chancellor of the Exchequer Rachel Reeves not to put the country on a \u201croad to certain decline\u201d with a series of tax rises in her budget this week.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Rain Newton-Smith, head of the Confederation of British Industry, said on Monday that companies\u2019 \u201cbiggest fear is if we get the wrong choices on Wednesday, more short-term tinkering, more bold choices not made, more politics over growth.\u201d Newton-Smith\u2019s call for restraint came as Business Secretary Peter Kyle acknowledged that tax hikes in Reeves\u2019 first budget last year had led some ultra-wealthy Britons to leave the country. <\/p>\n","protected":false},"excerpt":{"rendered":"Britain\u2019s most prominent business group has urged Chancellor of the Exchequer Rachel Reeves not to put the country&hellip;\n","protected":false},"author":2,"featured_media":281306,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,4229,1294,461,2195,14525,80,73342,388,467,229,33871,1892,56,54,55],"class_list":{"0":"post-281305","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economics","10":"tag-economy","11":"tag-elections","12":"tag-employment","13":"tag-gambling","14":"tag-government","15":"tag-labour-party-the","16":"tag-london","17":"tag-markets","18":"tag-politics","19":"tag-tax-rate","20":"tag-taxes","21":"tag-uk","22":"tag-united-kingdom","23":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/281305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=281305"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/281305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/281306"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=281305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=281305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=281305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}