Government accused of increasing retailers’ NI contributions and business rates but aiming to cut tax for big techBusiness live – latest updatesThe owner of B&Q has called on Rachel Reeves to reconsider planned tax increases for retailers before Wednesday’s spring statement, saying the industry is just as innovative on AI and robotics as US technology firms which could be handed tax cuts.On the eve of the chancellor’s statement to parliament, Kingfisher, the owner of the DIY chain, said Reeves should reform the business rates system. Continue reading…
Source link : https://www.theguardian.com/business/2025/mar/25/b-and-q-owner-kingfisher-reeves-uk-tax-rises-retailers-ni
Author : Sarah Butler
Publish date : 2025-03-25 10:12:00
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B&Q owner Kingfisher urges Reeves to rethink tax rises for retailers
