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Halfords reveals predicted impact of Budget measures
November 27, 2024
|The Herald
THE aftermath of the Labour Government's first Budget continues, with Halfords announcing it expects a £23 million impact due to tax increases.
In its latest interim results, the Worcestershire-headquartered retailer stated that the combined effect of the policies announced in the Budget last month would increase costs by around £23 million, with approximately £9 million already fully mitigated.
Reeves' Chancellor Rachel Budget saw employers' National Insurance rise to 15% and the minimum wage increase by 6.7%. Halfords is the latest company to warn of the business impact of the policy decisions.
هذه القصة من طبعة November 27, 2024 من The Herald.
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