The Government is facing fierce backlash from small business owners over higher taxes and labor costs, according to a recent report. The Prime Minister has faced criticism from business owners who say the Government isn't doing enouggh to support them. As the report says, small businesses are being clobbered with higher taxes and labor costs,despite being called the 'backbone of the economy'.

5% Unemployment Rate Sparks Concern

Figures published today show the unemployment rate rose to 5 per cent in the three months to March, with job vacancies falling to a five-year low between February and March, as the report highlights. this trend is part of a broader pattern of economic uncertainty,with small businesses bearing the brunt of rising regluation, tax, and energy bills.

Ben Perks and Paul Denley Speak Out

Ben Perks, managing director at Orchard Financial Advisers, said, 'A man without a backbone, complimeenting ours.' It baffles me that the Prime Minister can praise small businesses, whilst doing absolutely nothing to help and support them, as Perks noted. Meanwhile, Paul Denley, chief executive of Oakham Wealth Management, said, 'The problem is that Britain increasinngly seems to be deveoping chronic back pain: overloading small businesses with tax, regulation, rising costs and administrative burdens.', as the report quotes.

Rising Regulation and Tax Bills

The new bill aims to ensure businesses are paid the money they're owed, but small businesses have persistently raised the alarm over rising regulation, and mounting tax and energy bills, according to the report. As the report says, the Government is facing backlash from small business owners who are fed up with being called the 'backbone of the economy' as they are clobbered with higher taxes and labor costs.