Rachel Reeves’ tax-raid Budget has cost us £4million, reveals Five Guys boss

One of Britain’s favourite fast-food chains has been hit with a £4million tax raid thanks to Rachel Reeves’ Budget, its boss has said.

John Eckbert, 57, Chief Executive of Five Guys, said the Chancellor’s decision to increase employers’ National Insurance (NI) contributions from April would severely slow his company’s growth plans.