Primark boss says weight of Budget tax rises ‘falling on high street’

The boss of Primark has said the ‘weight of tax rises’ in the autumn Budget had fallen on the high street (Danny Lawson/PA) - (PA Archive)

The boss of Primark said the “weight of tax rises” in the autumn Budget has fallen on the high street, as he revealed the employer national insurance hike will send the retailer’s bills up by tens of millions of pounds.

George Weston, the chief executive of Associated British Foods, which owns Primark alongside food and sugar brands, said it was preparing for a big jump in business costs.