GDP: Govt must reverse NICs hike on small business

EMBARGO: Immediate Release 

Commenting on the latest GDP figures showing there was a 0.1% drop in October, Liberal Democrat Treasury Spokesperson Daisy Cooper MP said:

“This unexpected fall in GDP shows why it's so disappointing that the Budget missed so many opportunities and made so many self-defeating decisions.

“Small businesses are the engine of our economy and drive growth. Yet this government has decided to burden them with more costs.

“If the government wants to turn these figures around then they should realise their mistake and reverse their NICs hike on small business."

ENDS