Currys CEO: Tax Burden, Higher Wages Impact Christmas Sales
Update: 2025-12-18
Description
Currys CEO, Alex Baldock, warns of a challenging Christmas due to increased taxes and rising costs, including wages. He claims that if not for these factors, Currys UK profits would have been doubled. Baldock also expresses concern over a new employment rights bill, which he believes could lead to job losses. Despite these challenges, Currys sales and profits have increased, and their shares have risen significantly. Baldock expects AI technology and electronic beauty products to be popular this Christmas.
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