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Economy

M&S boss calls tax rises ‘the easy way out’ ahead of budget

M&S saw its profit-before-tax rise to £672.5m, up from £475.7m, for the year ended 30 March 2024

M&S CEO Stuart Machin has accused chancellor Rachel Reeves of “taking the easy way out” amid reports she is considering a slew of tax increases in the budget.

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