The British Chambers of Commerce, who conduct the largest private-sector survey of British firms, said businesses were the least happy about taxation since they started asking about this in 2017, while confidence about sales over the next 12 months was the lowest since late 2022.
"The worrying reverberations of the Budget are clear to see in our survey data. Businesses confidence has slumped in a pressure cooker of rising costs and taxes," BCC Director General Shevaun Haviland said.
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