CBI chief: Firms 'caught off guard' by national insurance contributions hike

The transcript discusses the importance of stability as a foundation for economic growth, emphasizing that investment, particularly from corporate entities, is crucial. It highlights the challenges businesses face due to recent policy changes, such as increased National Insurance and living wage, which have led to crisis containment strategies. The impact on farming and family businesses is also explored, with concerns about passing on livelihoods. The speaker calls for government collaboration to create policies that support business growth and sustainability.

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