“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

Pizza Hut UK chases away buyer amid budget tax hike crisis | Money News Aitrend

Pizza Hut UK chases away buyer amid budget tax hike crisis | Money News

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Pizza Hut’s largest UK franchisee has started contacting potential bidders as it works to mitigate the looming impact of tax rises announced in last month’s Budget. Sky News has learned that Heart With Smart (HWS), which operates around 140 Pizza Hut restaurants, has asked its advisers to find a buyer or raise tens of millions … Read more