A COMPANY has warned there could be a rise in insolvencies in 2025.
Antony Batty & Company, licensed insolvency practitioners, has predicted a rise in insolvencies across Bournemouth, Christchurch and Poole.
This follows the recent budget’s substantial rise in employers’ national insurance and the minimum wage.
Elaine Wilkins, director at Antony Batty’s Bournemouth office, said: “With many businesses already suffering post-pandemic and from high inflation, the Government’s introduction of increased employers’ national insurance contributions along with the big rise in the minimum wage represents a significant escalation in a business’s cost base.
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Insolvency experts…
