A letter written to the government by the British Retail Consortium, and signed by many companies, read: ‘We appreciate the government’s focus on improving the fiscal situation and investing in public services;

More than 70 businesses have written to Chancellor Rachel Reeves, warning that the national insurance changes in October's Budget mean price hikes are 'a certainty'

A warning has been issued that there could be shortages of some products as farmers face a spike in their costs.

Some of the UK's biggest retailers have said price hikes and job cuts are 'inevitable' following Chancellor Rachel Reeve's national insurance hike.

Aldi, Boots, Lidl, JD Sports, Primark, Morrisons and Greggs have also warned Rachel Reeves of oncoming price rises and job cuts

Britain’s biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they face a more-than-£7 billion hit from Budget tax increases. More than 70 businesses, including Tesco,

Some of the country’s largest retailers, including supermarkets like Tesco, Asda, Aldi, Morrisons and Sainsbury’s, have warned jobs will be lost due to the national insurance rise announced in the Budget.