Leader of the Opposition Peter Dutton called the bill "a dog's breakfast" and vowed to introduce "deeper cuts" if he wins the upcoming election, due by May.
Economics editor, Newsnight cover2022/2023: £230,000 - £234,999
2021/2022: £240,000-£244,9992020/2021: £205,000-£209,9992022/2023: £225,000 - £229,999
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2021/2022: £250,000-£254,999
2020/2021: £250,000-£254,999The BCC said confidence had fallen, with 49% of firms expecting sales to increase over the next year. The business group said this was the lowest level since the aftermath of the mini-budget in late 2022.
"The worrying reverberations of the Budget are clear to see in our survey data," Ms Haviland said."Businesses confidence has slumped in a pressure cooker of rising costs and taxes."
A Treasury spokesperson said: "We delivered a once-in-a-parliament Budget to wipe the slate clean and deliver the stability businesses so desperately need."We have ensured more than half of employers will either see a cut or no change in their National Insurance bills.