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latest British companyCNBC
•Business
Business & Economics
82% Informative
Kingfisher is the latest British company to report a negative impact from U.K. budget.
Top on the businesses' list of complaints is higher employment costs after the government pledged in October to increase national insurance contributions from employers and raised the country's "national living wage" by 6.7% from April 1 .
The Confederation of British Industry said Reeves "must inject business with a serious confidence boost" on Wednesday .
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