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Article Summary
- British businesses are in damage control mode following the release of the budget by Chancellor Rishi Sunak
- The Confederation of British Industry (CBI) has criticized the budget for not doing enough to address key issues facing businesses
- Businesses are concerned about rising costs and uncertainty surrounding Brexit
- The budget has been described as a missed opportunity to provide support for struggling sectors
- Despite the challenges, businesses are trying to remain optimistic and adapt to the changing economic landscape Tone: Concerned and critical
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British Firms Are Being Forced Into Damage Control Mode As Tax Hikes Leave CEOs Questioning Whether To Invest In UK, Industry Chief Warns
Too many businesses are having to compromise on their plans for growth," CBI chief Rain Newton-Smith said.
https://fortune.com/europe/2024/11/26/british-busi...
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