“When you hit profits, you hit growth”: Businesses criticize biggest fiscal tax hike in decades | UK News Aitrend

“When you hit profits, you hit growth”: Businesses criticize biggest fiscal tax hike in decades | UK News

 Aitrend

Tax rises announced in the recent Budget will hit businesses rather than boost growth, the head of one of the UK’s biggest business groups warned on Monday. The Confederation of British Industry (CBI) has joined a chorus of voices opposing Chancellor Rachel Reeves’ tax measures, which Labor says are needed to plug a £22 billion … Read more