Are job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From “disappointing” to “clobbered”, the retail backlash to last month’s Budget has only grown with every passing day. The next question is what the sector will do in response?
The retail sector’s response to last month’s Budget has been punchy, to say the least. For a sector that has long had to grit its teeth and roll with the fiscal blows and policy punches of successive governments and Budgets, retailers of all sizes and across categories have been uncharacteristically vocal in sticking the boot in.
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