Electricals chain Currys warns of price rises ahead but keeps profit outlook

Image for article Electricals chain Currys warns of price rises ahead but keeps profit outlook
News Source : The Irish Times

News Summary

  • Currys said measures, including hikes in employer National Insurance contributions and the minimum wage, would cost the group an extra £32 million (€39 million) a year
  • “We’ve already got plans to deal with about half of these headwinds and we’re working hard to get after the rest,” chief executive Alex Baldock said
Electricals retailer Currys added its voice to a chorus of corporate criticism of the UKs new Labour governments tax rises on Thursday, saying price rises were inevitable, but it kept its forecast fo [+1982 chars]

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