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Leading UK retailers have issued a stark warning that any new tax hikes under a potential Labour government, as hinted by Shadow Chancellor Rachel Reeves, would inevitably force them to raise consumer prices and potentially cut jobs.
This concern comes amidst ongoing pressures from rising costs and a challenging retail environment.
The retail sector, a significant employer in the UK, is lobbying against measures that could further squeeze margins and impact consumer spending, signalling a potential clash with future economic policy.




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