05-11-2025 13:16 via theguardian.com

M&S boss says Reeves made customers more worried with pre-budget speech

Stuart Machin says shoppers are concerned about rising costs after chancellor failed to rule out manifesto-breaking tax risesBusiness live – latest updatesThe boss of Marks & Spencer has said Rachel Reeves has made his customers “more worried” about rising costs with her pre-budget speech as retailers prepare for the key Christmas trading period.Stuart Machin said his shoppers were “worried about rising costs and they did get more worried” after the chancellor f
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