UK retailers warn of price hikes, job losses from budget changes, urge finance minister to address £7b cost surge

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Seventy-nine retail bosses sign letter to finance minister Say retail faces £7 billion in extra annual costs from 202...

On Saturday, Prime Minister Keir Starmer said he would defend decisions taken in the budget “all day long”.

It also raised the minimum wage for most adults by 6.7 per cent from April.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Job cuts UK retailers Inflation Uk budget United kingdom UK

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 11:17:34 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 23689146

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Official Website: malaymail.com

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