Primark boss says weight of Budget tax rises 'falling on high street'

NAMPA / DPA
2024-11-05
London (PA Media/dpa) - The boss of Primark said the "weight of tax rises" in the autumn budget has fallen on the high street, as he hinted that it could prompt the retailer to direct investment outside Britain. George Weston, the chief executive of Associated British Foods, which owns Primark alongside food and sugar brands, said it was preparing for a big jump in business costs. Last week, Chancellor Rachel Reeves unveiled her first budget whic......
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