A typical mid-sized firm (with 50 staff and a £5m turnover) now pays around £1.98m a year in domestic policy-driven costs, up from £1.16m in 2016

British companies are facing a “cost of business crisis”, officials at a top industry group have said two months before a crucial Budget.

A typical mid-sized firm (with 50 staff and a £5m turnover) now pays around £1.98m a year in domestic policy-driven costs, up from £1.16m in 2016