Nearly four in five UK business leaders have expressed strong criticism of the government's latest Budget, describing it as unfriendly to business interests. The survey, conducted by a leading industry group, highlights mounting frustration among executives over recent fiscal measures.
Industry leaders cited increased taxes, reduced incentives, and regulatory burdens as key concerns. Many warned that the Budget could undermine confidence and slow economic recovery.
Government officials defended the Budget, stating it aims to ensure fiscal responsibility and support long-term growth. However, critics argue that the measures may stifle innovation and discourage entrepreneurship.
Business groups are now calling for urgent dialogue with policymakers to address these concerns and revise the proposed changes.