Boots warns Chancellor budget will cause ‘inevitable’ job losses

Boots has signed a letter to the Chancellor stating that the “sheer scale of new costs” introduced by the budget – including a rise in employer national insurance contributions (NICs) and the national living wage – will “make job losses inevitable”.

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“We are already starting to take difficult decisions" • Source: Shutterstock

Boots last week (November 18) signed a letter sent to Chancellor Rachel Reeves sharing businesses’ “significant concerns” about the “impact of the budget on the retail industry”.

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