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Business Tax

  • Rachel Reeves’ tax hikes will cost me £1m – Hooch tycoon

    Economics

    The founder of the alcoholic drinks empire behind the likes of Hooch and VK has warned the tax hikes announced by Rachel Reeves will cost him an extra £1m. Steve Perez, the boss of Derbyshire-headquartered Global Brands, added that the Chancellor has “stacked the odds” against businesses like his and that he has “no choice” [...]

    Chancellor of the Exchequer Rachel Reeves leaves Downing Street with the treasury team before tomorrow's Spring Statement on March 25, 2025 in London, England. (Photo by Peter Nicholls/Getty Images)

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