December 14, 2024

Retailers warn Reeves of inflation and job losses after budget tax hikes

 Retailers warn Reeves of inflation and job losses after budget tax hikes

Retailers warn Reeves of inflation and job losses after budget tax hikes

Some of Britain’s biggest retailers have warned the chancellor that last month’s budget will stoke inflation in the economy and spark job losses as tax hikes add nearly £2.5bn to the industry’s annual tax bill.