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UK retailers face £5 billion cost surge as Reeves prepares to deliver Spring Statement

Invezz Wednesday, 26 March 2025 ()
UK retailers face £5 billion cost surge as Reeves prepares to deliver Spring StatementUK retailers are bracing for a combined £5 billion rise in operating costs this year as government-led increases to employer national insurance and the national living wage come into effect from April. This is ahead of UK Finance Minister Rachel Reeves’ Spring Statement, scheduled for 12:30 p.m. London time on Wednesday. The upcoming update on […]
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Video Credit: ODN - Published
News video: Reeves confirms Spring Statement won’t include tax increases

Reeves confirms Spring Statement won’t include tax increases 00:30

Chancellor Rachel Reeves confirms there won’t be tax increases as she prepares to deliver the Spring Statement. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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