Sainsbury’s boss warns over retail taxes after ‘high impact’ NI rise
by Sarah Butler from World news | The Guardian on (#6YBEY)
Supermarket reports strong growth as hot weather lifts demand for fans, shorts and swimsuits
The UK government should be wary of loading retailers with more tax after the high impact", particularly on jobs, of raising national insurance costs this year, the boss of Sainsbury's has warned.
The chancellor, Rachel Reeves, is under pressure to raise fresh funds in her autumn budget as she attempts to fix public services and grow the economy while meeting her fiscal rules and dealing with the fallout from the government's U-turn on welfare cuts.
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