National Trust to cut 550 jobs after Budget pushes up costs

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BBC Two women putting up National Trust bunting on the outside of a houseBBC

The National Trust has announced plans to cut 6% of its current workforce, about 550 jobs, blaming an inflated pay bill and tax rises introduced by Chancellor Rachel Reeves.

The heritage and conservation charity said it was under "sustained cost pressures beyond our control".

These include the increase in employers' National Insurance contributions and the National Living Wage rise from April, which the National Trust said had driven up wage costs by more than £10m.

The cost-cutting measures are part of a plan to find £26m worth of savings.

A 45-day consultation period with staff began on Thursday and the Trust said they are working with the union Prospect "to minimise compulsory redundancies".

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