Chancellor Faces Retail Pressure Ahead of Budget as 'Warehouse Tax' Likely To Be Shelved

As the UK economy faces rising costs, the Chancellor is set to meet a group of retail and hospitality leaders at Downing Street. The meeting comes after reports that a planned 'warehouse tax' will be dropped, but pressure remains on the Treasury to curb taxes and support Britain's high street. The briefing, just weeks before the first Budget in 17 years, sees business leaders mount a united front demanding growth and reduced burdens.