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B&Q owner says budget uncertainty hit spending and tax rise will cost it £31m

By The Guardian   |   1 year ago
B&Q owner says budget uncertainty hit spending and tax rise will cost it £31m

Kingfisher faced a tough market in October due to government budget uncertainty. It will pay £31m more in taxes after a national insurance increase. B&Q owner blames falling sales on budget worries and weather. Greggs also expects a significant impact from the NICs changes.

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