UK Pizza Hut to raise funds after Budget tax hikes

Quick Summary:

The money could come from a sale of part of the business, or new investment from existing shareholders.

They said that the decision to raise the extra money is not just the result of Budget measures introduced last month.

Chancellor Rachel Reeves has previously said businesses "will have to absorb" some of these costs through their profits.

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Article Details

Category: Business

Markets: United Kingdom

Topics: National Last Rises Restaurants Businesses Money Business Costs Pizza Told

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 09:48:03 (4 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © BBC Business

News ID: 23722361

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 9 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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