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Sunak risks fuelling inflation with high taxes and Brexit red tape, retailers warn

Shop price inflation eased to 4.3% in November but ministers’ plans could lead to higher prices, BRC says

The UK’s largest retailers have warned Rishi Sunak that his government risks prolonging the cost of living crisis by driving up the cost of doing business on the high street with Brexit red tape and higher taxes.

The British Retail Consortium (BRC) said a number of measures laid out by the chancellor, Jeremy Hunt, in last week’s autumn statement risked adding to inflation next year.

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