Some of Britain’s biggest businesses have warned Rachel Reeves that her Budget will lead to “inevitable” job losses and higher prices in the shops. More than 70 retailers, including Greggs, Amazon UK,

Rachel Reeves’s National insurance (NI) tax raid will destroy 100,000 jobs as hard-pressed companies are forced to lay off staff and freeze hiring, analysis has found.

Britain's biggest retailers have written to finance minister Rachel Reeves to warn her that last month's budget will make both higher prices and job losses a certainty and dent investment. The letter,