Taxing Times: UK Business Confidence Plummets Before Budget
Update: 2025-10-09
Description
British businesses are buckling under record tax burdens, with confidence plummeting as Labour's upcoming Budget looms. A new report reveals six in ten companies see tax as their biggest challenge, forcing spending cuts and price hikes. Economists warn of potential tax increases of £30 billion, sparking fears of runaway inflation and a make-or-break moment for the economy. Will the government deliver clarity or deliver another blow to struggling businesses?
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