Sector left ‘bitterly disappointed’ as calls for reform once again fall on deaf ears

Alex Baldock 2024

Currys boss Alex Baldock has slammed today’s Budget as “bitterly disappointing”, as the retail sector’s ongoing calls for reform on issues like business rates fell on deaf ears.

Baldock said chancellor Jeremy Hunt’s Budget “failed to address retailers’ business rates burden” and will lead to “higher inflation, lower growth and fewer jobs” in the long term.

 

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