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‘State of despondency’ as tax raid sets up ‘harrowing year’ for firms

City A.M. Tuesday, 15 April 2025 ()
‘State of despondency’ as tax raid sets up ‘harrowing year’ for firmsBusiness leaders’ worries over Chancellor Rachel Reeves’ tax hikes have plunged corporate confidence into “ominous territory”, a leading business association has warned. The Chancellor launched a multi-billion pound tax raid on British businesses in the Budget last October, and a new report has suggested that the impact of the hikes is continuing to weigh on [...]
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