National Trust blames tax rises as it cuts 550 jobs

National Trust announces plans to cut 550 jobs due to tax rises and inflated pay bill. The heritage charity cites "sustained cost pressures" beyond its control, with National Insurance increases and rising National Living Wage costs adding over £10m annually. The cost-cutting measures are part of a plan to save £26m, with a 45-day consultation period initiated to minimize compulsory redundancies and address financial challenges faced by the Trust.