Marks & Spencer boss accuses Labour of ‘one of the biggest tax grabs in history’

Marks & Spencer boss Stuart Machin has accused the Labour government of executing one of the biggest tax grabs in history. He claims that three Budgets since the party took power have generated approximately £73bn in additional taxes. Machin described the situation as an onslaught of cost increases, launching a scathing attack on the government's current efforts to boost economic growth while highlighting the significant financial burden placed upon businesses through these recent fiscal measures.