Britain is grappling with recession concerns due to a rise in job cuts preceding the impending National Insurance hike, as outlined by a think tank. The Resolution Foundation has indicated that the UK job market is currently experiencing recession-like conditions, with numerous manufacturers pausing recruitment or contemplating reductions. According to a survey by Boston Consulting Group, 57 percent of executives now anticipate a recession this year, aligning with earlier perceptions. Make UK's research revealed that 48 percent of businesses have ceased hiring, attributing it to heightened employment taxes and operational expenses.