Retail giants including M&S and Tesco warn PM over budget tax raid
2 sources·Updated September 1, 2026

Covered by 2 sources
- City A.M.·2d agoTesco and M&S warn Burnham against Budget tax raid on retailers
Top supermarkets including Tesco, Sainsbury’s and Marks & Spencer have urged Andy Burnham to rule out a Budget tax raid on retailers, warning they are already facing “unsustainable” costs. The Retail Jobs Alliance (RJA), which represents retailers employing more than 1m people,…
Read at City A.M. → - Sky News Business·3d agoRetail giants including M&S and Tesco warn PM over budget tax raid
Some of Britain's biggest retailers, including Asda, Marks & Spencer (M&S) and Tesco, have warned Andy Burnham that a renewed budget tax raid could threaten his cost of living campaign as well as the viability of some of their biggest stores across the country.
Read at Sky News Business →