Andy Higginson, chair of JD Sports, cautions that tax hikes from the upcoming Budget will lead to increased prices in retail and hospitality. The introduction of a higher National Insurance rate and rising minimum wages by April could result in…

Industry leaders, including JD Sports and Fullers, are raising alarms about impending price hikes due to recent tax increases proposed in the UK Budget. Simon Emeny, Fullers’ chief, indicated higher costs for drinks could manifest within six months. Andy Higginson…