I grew up in a council house and now run a £1.2bn business – Labour’s Budget will destroy family businesses and cut wages
businessFewer than 140 days ago, Sir Keir Starmer and Rachel Reeves were handed the keys to the UK economy - but already the warning lights are flashing
For example, a loaf of white bread typically cost £1.03 in February 2019 but the average price is now £1.40, according toThe more it costs to employ staff, the more businesses have to charge their customers.Its job is to keep inflation at bay, and the biggest weapon it has is high interest rates, which are meant to encourage households to stop spending and save.
Politicians often do not seem to worry about retail job losses and closures, reckoning that workers can find another temporary job at another shop.There is no better economic indicator of a local town than if its High Street is thriving — or full of boarded-up shops.
Budget watchdog the OBR claims her changes to agricultural property relief will raise £580million a year at most.
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