JD Sports boss warns prices will rise due to Budget

Quick Summary:

Chancellor Rachel Reeves has said firms will have to absorb higher taxes through their profits.

Prices in shops and pubs will increase as a result of tax rises on businesses announced in the Budget, two bosses have warned.

I think it will restrict investment," added Fullers boss Mr Emeny.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Added Boss Higginson Doesn’t Budget Time National Businesses Year Prices

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 12:29:40 (5 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 712 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23642156

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Official Website: bbc.co.uk

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