Pizza Express CEO: Reeves has taken “unbelievably harsh” stance on business

In the latest episode of CIty AM’s Boardroom Uncovered, Pizza Express CEO Paula MacKenzie delivers a frank assessment of business challenges under the Labour Party government. She describes the government’s approach as “unbelievably harsh” in how it treats large-employing firms, especially in hospitality. The industry, she says, was already reeling from the pandemic and now faces rising taxes and National Insurance burdens that threaten jobs and growth. MacKenzie also reflects on how the last Budget’s increases were “brutal” and unexpected, and shares how in her early working life hospitality offered first jobs to many young people - a reality she fears may be undermined. With a backdrop of wider sector stress - including slide in values and losses at major chains - this episode explores what business leaders are facing and what they hope from the upcoming Budget. #business #economics #pizza #news