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Mike Ashley Slams Tax Plan, Urges Budget Cuts

8/28/2026

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Story summary
  • Mike Ashley wrote to Prime Minister Andy Burnham calling his proposals populist and the warehouse tax “delusional”.
  • Ashley warned that rising employment costs and business-rates policies are devastating the UK High Street.
  • He urged Burnham to use the 27 October Budget to lower employer costs and reform rates.
  • Burnham pledged a 20% rates cut for pubs, clubs and venues from April.