Fast food chain Leon hit out at ‘increasingly unsustainable taxes’ as it announced plans to close restaurants and cut jobs.
The group, bought back from Asda by co-founder John Vincent in October, became the latest business to complain about rising costs.
Vincent said: ‘Everyone is facing challenges – companies are reporting significant losses due to working patterns and increasingly unsustainable taxes.’
His remarks come amid a mounting backlash against the Chancellor after she hit businesses with huge rises in business rates.
She has also introduced a higher minimum wage from April, which firms say will discourage hiring.
In its latest accounts, Leon, which employs 1,120 staff, saw sales tumble 3.7 per cent to £62.5million while losses narrowed from £19.6million to £8.4million.
Job cuts: Fast food chain Leon has become the latest business to complain about rising costs
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