Shops Warn of Further Price Rises Under Reeves

A whopping 65% of retail bosses say they expect to raise prices under Rachel Reeves, according to a British Retail Consortium poll of Finance Directors covering more than 9,000 UK stores. They fear Reeves will ramp up taxes again this autumn on top of her ‘Awful April’ bills which have already squeezed businesses across the sector…

The survey also found:

• 85% of businesses had been forced to raise prices already.