The company joins other retailers and hospitality companies in complaining that Rachel Reeves’s budget in October will mean higher staffing costs

The retailer says it had not planned for the full impact of recent changes to tax and other government policy.

By James Davey LONDON (Reuters) -British electricals retailer Currys added its voice to a chorus of corporate criticism of the new Labour government's tax rises on Thursday, saying price rises were inevitable,

The consumer electronics retailer said the estimated cost of recent tax policy changes could amount to as much as £32m

With 715 stores, Currys credited 'strong' UK sales for balancing a slight dip in its Nordics division. UK like-for-like revenues rose by 5%, with total regional revenues reaching £2.34bn

Currys Plc warned that price increases are inevitable at the electronics retailer after the Labour government’s budget added £32 million ($40.9 million) to its costs.

LONDON (Reuters) -British electricals retailer Currys warned on Thursday that price rises were inevitable after the government's tax raising budget but still kept its forecast for annual profit growth.

Looming Currys price hikes are 'inevitable' ahead of a £32million hit from changes announced in the Autumn Budget, the retailer told shareholders on Thursday.