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The Independent UK
The Independent UK
Archie Mitchell

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget

Price hikes and job cuts are inevitable following Labour’s Budget, business leaders have warned Rachel Reeves as they accused her of failing to grow the economy.

The bosses of some of the UK’s biggest firms have said the government failed to engage with them ahead of the Budget, while a survey of business chiefs found that two thirds believe it will make Britain a less attractive country to investors.

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