M&S CEO Criticizes Retail Taxes

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BBC

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Business

Business & Economics

M&S boss says retailers being 'raided like piggy banks'

Summary

Nutrition label

79% Informative

Stuart Machin says retailers are being 'raided like a piggy bank' M&S boss criticises increase in National Insurance Contributions and higher packaging levies.

He calls for a number of changes from the government, including staggering NICs changes over time.

Treasury says measures aimed to deliver stability to businesses and create the conditions for growth.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive