UK Budget: Retail giant calls government tax policy absolute chaos.
05.12.2025
700
Journalist
Shostal Oleksandr
05.12.2025
700
Budget Criticism
Owner of SPORTS DIRECT, Frasers Group, sharply criticized Chancellor Rachel Reeves, calling the budget "an absolute sh*t show of chaos".Words of the CFO
Chris Wootton, the CFO of the retail company, emphasized that the government's approach with constant changes in tax policies—"taxes in, taxes out, up, down, left, right"—confuses businesses. He described this process as "shameful".According to The Sun: The response from Frasers Group addresses the pressing issues businesses face in the UK. The constant changing of tax rates and rules creates additional challenges for companies trying to adapt to such unstable conditions, thereby threatening their operations and investments.
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