'The dam is starting to break': Retail chiefs sound alarm over soaring costs as prices in shops rise at fastest pace for two-and-a-half years
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Retail industry leaders have issued a plea to Chancellor John Healey ahead of the Budget. They are calling for a reduction in employment costs and a lower tax burden. Leaders warn that households will pay the price if these changes are not made. Shop prices are currently rising at the fastest pace seen in two and a half years.
In last ditch plea before tomorrow's Budget, industry leaders urged Chancellor John Healey to 'slash employment costs' and ease the mounting tax burden or 'households will end up paying the price'.