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business9h ago

https://www.bbc.com/news/articles/c620gy43pe4ohttps://news.sky.com/story/supermarkets-warn-shoppers-could-face-higher-prices-if-business-rates-rise-13457822https://www.thegrocer.co.uk/news/supermarket-chiefs-in-new-inflation-warning-to-rachel-reeves/711083.article
Bbc.com and 7 more
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Highlights
  • Leading grocers have written to chancellor Rachel Reeves, setting out the case for excluding shops from the planned business rates surtax.
  • Policy attention centers on a surtax threshold for rateable value, with grocers arguing exemptions would mitigate price rises.
  • The move signals a coordinated industry stance from leading grocers to influence fiscal policy affecting the sector.

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References

Tax rises could push food prices higher, warn supermarkets

Tax rises could push food prices higher, warn supermarkets

Tax hike could lead to higher food prices, supermarkets warn

Tax hike could lead to higher food prices, supermarkets warn

Supermarket chiefs in new inflation warning to Rachel Reeves

Supermarket chiefs in new inflation warning to Rachel Reeves

Supermarket Giants Warn Tax Hikes Will Raise Food Prices

Supermarket Giants Warn Tax Hikes Will Raise Food Prices

UK supermarket giants join up to warn business rates rise could push up costs

UK supermarket giants join up to warn business rates rise could push up costs

Grocery giants make rates plea to chancellor in bid to tame inflation

Grocery giants make rates plea to chancellor in bid to tame inflation

Supermarkets warn Reeves' tax hike plans will lead to food price rises

Supermarkets warn Reeves' tax hike plans will lead to food price rises

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