UK supermarkets are warning that higher business taxes could push up food inflation Alamy/PA
Bosses of the UK’s biggest supermarkets are urging the Chancellor to exempt shops from a new business rates surtax, warning that shoppers will bear the brunt of higher costs.
A letter, organised by industry group the British Retail Consortium (BRC) and addressed to Rachel Reeves, argues that limiting the tax burden on grocers would help tackle food inflation.
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