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business17h 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
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Highlights
  • Retail chiefs warn a new rates surtax on supermarkets could push food prices higher and stretch household budgets.
  • Executives from major chains joined a joint letter urging Reeves to exempt supermarkets from the new rates surcharge.
  • BRC warns big shops could face higher business rate bills if included in the new surcharge.

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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 tell Reeves tax rises could push food prices higher

Supermarkets tell Reeves tax rises could push food prices higher

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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