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Evening Standard
Evening Standard
Henry Saker-Clark

Shoe Zone blames Budget tax hikes as chain halves profit forecast

Shoe Zone
Shoe Zone has slashed its profit guidance (Shoe Zone/PA) -

Shoe Zone has halved its profit guidance in the face of weaker consumer spending, partly blaming the impact of the Labour Government’s budget tax hikes.

The high street chain said it was knocked back by “challenging trading conditions” in both June and July.

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