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Home Sports

Businesses warn tax hikes could send fish and chips prices soaring as restaurants brace for Budget

18 October 2024
in Sports
Businesses warn tax hikes could send fish and chips prices soaring as restaurants brace for Budget
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Fish and chips restaurants are bracing for significant price increases as business owners express concerns over potential tax rises and inflation impacting meal prices. Ian Stead, owner of Steels Corner House, fears that future increases in National Insurance contributions and business rates could lead to diminished profits and staff shortages. With a loyal workforce that may be affected by potential tax rises, Stead worries that rising costs could hinder their recruitment strategy and impact wages directly.

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Tags: bracebudgetbusinesseschipsfishhikespricesrestaurantssendSoaringTaxwarn
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