Traditional high street hair salons face “devastation” as a result of Treasury decisions. The hike in National Insurance contributions, bigger business rate bills and increases in the minimum wage have sent costs soaring.
Chancellor Rachel Reeves stands accused of “shattering women-led businesses” and delivering another blow to Britain’s struggling high streets. Hayley Clayden, of the Vanilla Room salon in Hornchurch, east London, said the impact of the hike in employers’ National Insurance contributions has been “massive”. Taken together with other Budget measures, she said the business faces extra costs of £1,000 a week.
She said: “We’ve had to make the de...
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