A closer look at “Tesco, M&S and Costa Bosses Urge Chancellor John Healey to Cut Youth Employment Costs in F”, exactly as the source publishes it. Top executives from Tesco, Marks & Spencer, Sainsbury’s, Costa Coffee and the Co-op met Chancellor John Healey at No 11 to push for lower employer National Insurance contributions for young workers. The meeting, held ahead of Healey’s first budget, focused on the rising cost of hiring staff under 21 after the recent increase in employers’ NICs.
Retail and hospitality leaders, including M&S boss Stuart Machin and Sainsbury’s CEO Simon Roberts, warned that higher payroll taxes could reduce job opportunities for young people and strain high street businesses already facing tight margins. They argue that cutting NICs for younger employees would encourage recruitment, support training, and help tackle youth unemployment. This listing links straight to the original page, where the content is available in full.