Article 7188N M&S boss says Reeves made customers more worried with pre-budget speech

M&S boss says Reeves made customers more worried with pre-budget speech

by
Sarah Butler
from World news | The Guardian on (#7188N)

Stuart Machin says shoppers are concerned about rising costs after chancellor failed to rule out manifesto-breaking tax rises

The boss of Marks & Spencer has said Rachel Reeves has made his customers more worried" about rising costs with her pre-budget speech as retailers prepare for the key Christmas trading period.

Stuart Machin said his shoppers were worried about rising costs and they did get more worried" after the chancellor failed to rule out breaking manifesto pledges not to raise key taxes in her speech on Tuesday.

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