Primark owner’s boss urges Reeves not to hit shoppers with budget tax rises
NegativeFinancial Markets

George Weston, the CEO of ABF, which owns Primark, is urging Chancellor Rachel Reeves to refrain from imposing tax increases on consumers in her upcoming budget. He argues that last year's tax-heavy budget negatively impacted shoppers and suggests that the wealthy should bear the tax burden instead. This is significant as it highlights the ongoing debate about fiscal policy and its effects on everyday consumers, especially in the context of rising living costs.
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