Tesco and M&S warn Burnham against Budget tax raid on retailers

Top supermarkets including Tesco, Sainsbury’s and Marks & Spencer have urged Andy Burnham to rule out a Budget tax raid on retailers, warning they are already facing “unsustainable” costs.  The Retail Jobs Alliance (RJA), which represents retailers employing more than 1m people, has urged the Prime Minister not to prio

Some of Britain's biggest chains have united to warn the new Prime Minister against piling higher taxes on their shops in order to pay for lower bills for pubs and music venues.

Some of Britain's biggest retailers, including Asda, Marks & Spencer (M&S) and Tesco, have warned Andy Burnham that a renewed budget tax raid could threaten his cost of living campaign as well as the viability of some of their biggest stores across the country.

In-store inflation stepped up to 1.5% year on year in August

Malaysian Prime Minister ⁠Anwar Ibrahim on Sunday ⁠introduced measures to address rising living ⁠costs and support businesses, including restoring higher quotas for subsidised petrol and diesel purchases, as well as more funding for schools and small traders. The measures are expected to take effect on September 1, Anw

Malaysia PM unveils measures to tackle living costs, support local businesses  Reuters

Malaysian Prime Minister Anwar Ibrahim has been under pressure to tackle higher living costs, even as the country's economy has outperformed most of its regional peers.