Firms fear record cost surge ahead of Reeves tax raidBritish businesses anticipate significant cost increases leading to unemployment and price hikes.
Heineken confirms price of pints will rise again later this monthA 2.8% price increase for draught beers in Ireland is set for February 24, 2025, affecting major brands due to rising costs.
Reeves Budget sees manufacturers 'confidence evaporate' and will cut back 'investment and hiring' - London Business News | Londonlovesbusiness.comManufacturing sentiment declines sharply, signaling future output and order reductions.
Topps Tiles cautions over 'significant' cost pressures for next year amid the Budget - London Business News | Londonlovesbusiness.comTopps Tiles faces significant cost pressures and a steep profit decline, prompted by rising wages and uncertainty in the economic environment.
M&S profits rise but retailer warns of 60m hit from Reeves's budgetMarks & Spencer's profits surged, but they face upcoming cost challenges due to government budget changes.
M&S warns of a 120 million hit from the Budget and cannot rule out passing costs on - London Business News | Londonlovesbusiness.comM&S faces over £120 million in increased costs due to national insurance hike, with potential price rises for consumers not ruled out.
Extra billions for schools in England will be quickly swallowed up, say expertsGovernment is injecting funding in schools, but rising costs and past underinvestment may negate its impact. Special needs systems remain in peril.
Input cost inflation drops to 37-month low - London Business News | Londonlovesbusiness.comLondon businesses saw a slight slowdown in growth midway through the second quarter of 2024, but new business and outlook for the future remained optimistic.