BRC warns government against further tax rises in autumn Budget

Rachel Reeves at UK-EU summit, May 2025

Source: Number 10

The British Retail Consortium has warned the government against any further tax rises on retailers in the coming autumn Budget, saying any such moves risks “losing the battle against inflation”. 

The BRC surveyed 2,000 people and found that customers’ biggest concern was “prices rising faster than wages”, with 57% of respondents agreeing – higher than concerns around tax rises (49% of respondents) and rising unemployment (26%).

 

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