THE boss of AO World says Labour’s £25billion tax raid has broken business’s trust in the Government for good.AO World boss John Roberts says Labour’s £25billion tax raid has broken business’s trust in the Government for good
AO World said it would face a £8million total hit from the Budget’s changes to employers’ National Insurance contributions. Mr Roberts, who started his company in 2000 after a £1 bet in the pub, said that while businesses were now forced to work with the extra costs they had been burdened with, he reckoned the Government’s spending review would result in wasted funds.Tesco plans to open 150 new convenience stores creating 2,000 new jobs
Official figures show the average cost of a car service at a local garage has already jumped from £202 to £220 in the past year. Calling for the grocer to be “ruthless”, he said the turnaround could take up to five years but added: “I wouldn’t have come back if I didn’t think it was possible.”MIKE Ashley’s Frasers Group has bought into another retailer, taking a £3million stake in Marks Electrical.