Reeves says tax rises are on the table for upcoming Budget

Reeves says tax rises are on the table for upcoming Budget

Reeves must avoid tax encore for retail, HMV boss warns

Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, chief executive of HMV joins a chorus of warnings to give the retail sector some reprieve. As high street music retailer HMV breezes into the all-important golden quarter, boss Phillip Halliday is eyeing a chart-topper that won’t come from Wham or Mariah Carey this year.  With the delayed Budget dropping less than a month b…

Pressure At Every Level: Retailers And Growers Brace For Budget Fallout

As Chancellor Rachel Reeves readies the next Budget, major UK retailers are warning that any further tax rises or new business-rates surcharges could reignite food inflation just as consumers begin to breathe easier.In a letter coordinated by the British Retail Consortium (BRC), supermarket groups have urged the Treasury to reconsider plans for a business-rates “surtax” on properties with a rateable value over £500,000, saying the move would ris…