City Of London
UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget
- Executives warn that the cost of employment may be too high
- Clean energy commitments welcomed by Aston Martin’s ex-CEO
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Chancellor of the Exchequer Rachel Reeves’ first budget has been greeted with cautious optimism by Britain’s business leaders, though higher taxes on wages held them back from a full-throated endorsement.
In a series of interviews and comments sent via email, executives across a wide range of industries in the UK gave their take on the finance minister’s budget.