Pizza Hut UK hunts buyer amid Budget tax hike crisis
Saturday, 16 November 2024 Pizza Hut's biggest UK franchisee has begun approaching potential bidders as it scrambles to mitigate the looming impact of tax hikes announced in last month's Budget.
Shadow work and pensions secretary Helen Whately says businesses are "distraught" at the impact of the Budget. It comes as the Confederation of British Industry warns tax rises in the autumn Budget are "undermining investment among UK companies". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor appears to have a fight on her hands with Britain's family farmers. In her Budget, Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold. But farmers in Cirencester have labelled the move "demoralising" and the deputy president of NFU Cymru Abi Reader warns it will lead to "economic stagnation". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Saturday, 16 November 2024
Pizza Hut's biggest UK franchisee has begun approaching potential bidders as it scrambles to mitigate the looming impact of tax hikes announced in last month's Budget.
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