Iceland boss halts store openings amid cost-of-living crisis
Richard Walker, the managing director of Iceland, has warned that Liz Truss’s plan to cut business rates for SMEs would not meet the size of the challenge
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Iceland has reportedly contacted No 10 directly with a plea to prepare an “immediate and radical” cost-of-living package, according to The Guardian, as the retailer has been forced to stall the openings of new stores in light of the rise in energy costs.