In its latest interim results, the Worcestershire-headquartered retailer stated that the combined effect of the policies announced in the Budget last month would increase costs by around £23 million, with approximately £9 million already fully mitigated.
Reeves' Chancellor Rachel Budget saw employers' National Insurance rise to 15% and the minimum wage increase by 6.7%. Halfords is the latest company to warn of the business impact of the policy decisions.
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Mustapha Bundu embracing new Plymouth Argyle attacking role
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Shoppers concerned as pest controls confirmed
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Car flips, but driver escapes unhurt
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