UK supermarkets warn business rates rise could push up food inflation

NAMPA / DPA
2025-10-26
London (PA Media/dpa) - Bosses of the UK's biggest supermarkets are urging Chancellor Rachel Reeves to exempt shops from a new business rates surtax, warning that shoppers will bear the brunt of higher costs. A letter, organized by industry group the British Retail Consortium (BRC) and addressed to Reeves, argues that limiting the tax burden on grocers would help tackle food inflation. It has been signed by UK executives and directors at Tesco, S......
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