Firms warn over impact of rising business costs from Government policies

Chancellor Rachel Reeves said the Government had ‘the right plan, for our economy, for our country’ (Luke Jones/PA) - (PA Wire)

Chancellor Rachel Reeves has come under pressure over rising costs for businesses as Currys, JD Wetherspoon and Morrisons laid bare the impact of tax hikes and policy measures.

Pub group JD Wetherspoon warned over profits as it revealed a £45 million hit in its first half from surging costs – including energy, wages and business rates.