BRC survey reveals UK retailers set to raise prices due to NI hike

By Yahoo! Finance   |   7 hours ago
BRC survey reveals UK retailers set to raise prices due to NI hike

UK retail CFOs are planning price hikes due to upcoming increases in National Insurance contributions. A survey revealed CFO pessimism, with concerns about declining demand, inflation, and taxes. Automation and cost-cutting measures are being considered to offset rising costs and potential profit decreases.

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