Retailers warn PM over potential Budget tax changes
UKPulse Consumer Desk
Major retailers, including Asda, M&S, and Tesco, have reportedly cautioned Prime Minister Andy Burnham about a potential tax increase in the upcoming Budget.
- Asda, M&S, and Tesco are among the retailers who have issued a warning.
- The warning concerns a potential tax increase in the Budget.
- Retailers suggest the tax could impact the cost of living campaign and store viability.
Some of Britain's largest retailers, including Asda, Marks & Spencer (M&S), and Tesco, have reportedly warned Prime Minister Andy Burnham about a potential tax increase in the forthcoming Budget. They suggest that such a move could jeopardise his cost of living campaign.
The retailers also indicated that a renewed tax raid could threaten the viability of some of their largest stores across the country.