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M&S boss bemoans last week’s budget as ‘whole lot of nothing’

Stuart Machin hits out at Labour but welcomes expected UK-EU food deal as retailer reveals half-year results The chief executive of Marks & Spencer has called John Healey’s first budget as chancellor a “whole lot of nothing” and bemoaned an “onslaught of taxation and regulation” from the Labour government despite welcoming an expected deal on EU border checks. Stuart Machin said he was disappointed at last…

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M&S boss bemoans last week’s budget as ‘whole lot of nothing’
Image: The Guardian Business

Story summary

Stuart Machin hits out at Labour but welcomes expected UK-EU food deal as retailer reveals half-year results The chief executive of Marks & Spencer has called John Healey’s first budget as chancellor a “whole lot of nothing” and bemoaned an “onslaught of taxation and regulation” from the Labour government despite welcoming an expected deal on EU border checks. Stuart Machin said he was disappointed at last…

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