Welsh Unemployment Soars as Job Losses Mount - “Writing Is on the Wall” for Chancellor’s Jobs Tax

Responding to the latest Stats Wales figures, which show unemployment in Wales has risen to 5.7%, higher than in England (5.0%) and marking the sharpest quarterly increase across the UK, Welsh Liberal Democrat Westminster Spokesperson David Chadwick MP said:

“Surely the writing is on the wall now for the Chancellor’s jobs tax.

“Everyone except Rachel Reeves seems to have woken up to the fact that forcing small businesses to pay more in tax for giving people jobs would damage job opportunities. Now the proof is staring her in the face.

“The UK Labour Government must reverse their damaging National Insurance hike at the Budget, and commit to saving the small businesses that employ thousands in Wales and are at risk of collapse, if they’re to have any hope of reversing today’s concerning trend.”

ENDS