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Half of UK firms will cut jobs after budget tax hikes, industry group says

  • Half of UK firms plan to reduce jobs due to tax hikes, according to an industry group.
  • Retailers including Tesco and Amazon warned the chancellor about the impact of tax changes on their businesses.
  • Rising costs will lead to higher prices for customers, as stated by firms like Sainsbury's and Marks & Spencer.
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  • 47% of the sources lean Right
47% Right
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Rachel ReevesRachel Reeves
EuropeEurope
BusinessBusiness
European EconomyEuropean Economy
UK PoliticsUK Politics
TaxesTaxes
EconomyEconomy
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