Anti-Business Labour27 Jan 2025 02:01
“The founder of Charles Tyrwhitt has said “anti-business” Labour is to blame for him curbing investment in Britain, in a blow to government efforts to convince companies that the UK is open for business.
Nick Wheeler, who launched the shirt and suit retailer 38 years ago, said the slew of recent policies from the Government has pushed him to focus investment overseas.
He said: “With the National Insurance changes, the minimum wage increase and the bureaucracy that they’re putting into businesses, it’s just ridiculous.”
Mr Wheeler branded claims by Rachel Reeves that the Labour Government is friendly to business as “extraordinary”, saying the Chancellor’s policies were “driving out wealth-creating people from the country”.
The bad news just keeps coming for Ms Thieves.