11-March-2026
Corporate News
 
UK Businesses Warn Growth May Be off the Menu After Latest Tax Hike
21-Jan-2026

Businesses in Britain's hospitality sector say new taxes are limiting their capacity to invest, compounding a traditional weakness of the economy and undermining the government's pledges to revive growth. Maurice Abboudi owns five Japanese restaurants in London. He told Reuters he had shelved plans for a new site and other investments as any profit he once made is being swallowed up.

News Source:- https://money.usnews.com/investing/news/articles/2026-01-21/britains-rising-business-costs-wipe-growth-off-the-menu
 
 
 

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