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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

Sunak risks fuelling inflation with high taxes and Brexit red tape, retailers warn

Christmas lights on Regent Street, London
UK inflation has fallen back before this year’s pivotal Christmas shopping season. Photograph: Carl Court/Getty Images

The UK’s largest retailers have warned Rishi Sunak that his government risks prolonging the cost of living crisis by driving up the cost of doing business on the high street with Brexit red tape and higher taxes.

The British Retail Consortium (BRC) said a number of measures laid out by the chancellor, Jeremy Hunt, in last week’s autumn statement risked adding to inflation next year.

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