RE: It's government policy, not AI that's driving the declining labour market...
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Nail on the head. If you look at the effect of business rates on small businesses, it has been the largest recorded increase ever. This evil tax which businesses pay regardless of turnover is destroying the UK and you can see it all over the high street. Who would start a business in this environment?!!
The stats speak for themselves:
14.6% shop vacancy rate (1 in 7 empty)
12,804 store closures in 2024 (35 per day)
High streets dominated by betting shops & charity stores
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It's an insane vacancy rate! See it all over the place!
Government changing the rules to advantage big corporations and London.