Economy
Retail industry responds to ‘underwhelming’ Spring Statement
In the announcement by chancellor Rishi Sunak in the House of Commons yesterday, he revealed the basic rate of income tax will be cut from 20p in the pound to 19p, and fuel duty will also be cut by 5pm
Both Bira and CBI have expressed disappointment in the chancellor’s Spring Statement, with Bira having declared it is “underwhelmed with the offerings for independent businesses”.
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