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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Primark owner delivers warning to Rachel Reeves over ‘mistaken’ rate changes

The head of Primark’s parent company has issued a stark warning to the government, branding proposed changes to business rates as "mistaken" and a significant burden on UK high street retailers.

George Weston, the billionaire chief of Associated British Foods (ABF), told the PA news agency that the Labour Government "should not increase taxes on businesses any more" in the forthcoming November Budget.

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