The head of the Confederation of British Industry has warned Chancellor Rachel Reeves not to inflict what she said would be “death by a thousand taxes” on British business in Wednesday’s budget. Rain Newton-Smith said the government must “change course” and avoid heaping more costs on firms. The Chancellor is expected to hike taxes to fill a black hole in the public finances. Speaking to the CBI, the Business Secretary said the government knows it is responsible for growing the economy. #RachelR
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The head of the Confederation of British Industry has warned Chancellor Rachel Reeves not to inflict what she said would be “death by a thousand taxes” on British business in Wednesday’s budget. Rain Newton-Smith said the government must “change course” and avoid heaping more costs on firms. The Chancellor is expected to hike taxes to fill a black hole in the public finances. Speaking to the CBI, the Business Secretary said the government knows it is responsible for growing the economy. #RachelR
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