Leon Fast Food Chain Cuts Jobs, Cites Tax Burden

Markets & Money Today | 2 Min News | The Daily News Now! - Een podcast door The Daily News Now! - Donderdagen

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Leon, a fast food chain, announces restaurant closures and job cuts due to unsustainable taxes, amidst a challenging economic climate. Sales drop by 4%, but losses narrow. Co-founder John Vincent blames new work patterns and rising taxes. Businesses criticize the Chancellor over business rate increases and upcoming minimum wage rise. Leons sales dip to £62.5m, losses reduce to £8.4m, but financial concerns persist.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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