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The hidden labour cost looming for thousands of UK businesses
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UK businesses, especially in the Retail, Hospitality, and Leisure (RHL) sectors, face rising costs in April due to increased National Insurance, minimum wage, and reduced business rate relief, which drops from 75% to 40%. This, combined with a rising "multiplier rate," could impact profitability and competitiveness, although the smallest businesses may be unaffected. Business rates reform is expected next year.
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Indonesia's cocoa farmers work with businesses to fight the bitter impact of climate change
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