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 failed to rule out breaking manifesto pledges not to raise key taxes in her speech on Tuesday. Continue reading...