JD Sports chair slams Budget NI hike for guaranteeing ‘significant inflation'
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JD Sports Fashion PLC's chairman criticized the recent Budget's increase in employer national insurance contributions, warning it will lead to significant inflation and a spike in prices.
November 13, 2024 | 10:00 am
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JD Sports Fashion PLC's chairman has expressed concerns over the Budget's increase in employer national insurance contributions, predicting it will cause significant inflation and price increases.
The chairman's warning suggests potential cost pressures for JD Sports, which could impact profitability and stock performance negatively in the short term.
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