Cheesed-off business leaders have started a campaign against the increase in employers NI that is likely to be in the budget later this month.
One fat cat told us, ‘If our costs go up, then we will have to put our prices up. A big mac could hit five quid. Tea in a National Trust café could hit six quid. Scones could be a fiver each. It’s not going to be pretty. This will fuel inflation and cause a wage price spiral that could see Russia invading Moldova and the melting of all the arctic ice.
‘Luckily, there is still time for the chancellor to see sense, and to decide to cut benefits for work-shy dossers instead. If she could see her way clear to doing that, then we can happily keep paying for government ministers to have smart new clothes, designer spectacles, gig tickets, and Premier League football boxes. Simples.’