Tag: tax hikes

Over 60 UK Retailers Warn Government: Tax Hikes Could Force Store Closures

29 November 2025

Jenson Beauregard
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Over 60 UK Retailers Warn Government: Tax Hikes Could Force Store Closures

Over 60 UK retailers, including Currys PLC, warn Chancellor Rachel Reeves that tax hikes could force store closures and job losses, citing £7 billion in new costs and weakening sales amid inflation. The October 2025 budget is their last chance to avoid a retail crisis.