UK Supermarkets Warn of Rising Food Prices Due to Tax Hike
Автор: Open World
Загружено: 2025-10-26
Просмотров: 45
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The UK's top supermarkets are urging the chancellor to reconsider a new business rates surtax, claiming it will result in higher food prices for consumers. Tesco, Sainsbury's, M&S, and other major retailers have signed a letter to Rachel Reeves, arguing that easing taxes on grocers could help control food inflation. With the industry facing billions in additional costs, supermarkets are struggling to keep prices affordable. This video explores the potential impact of the tax hike on food prices and the challenges faced by the retail industry.
TaxHike #FoodPrices #Supermarkets #UKNews #BusinessRates #FoodInflation
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