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Shoe Zone shares booted as Labour’s budget tax raid weighs

City A.M. Wednesday, 13 August 2025 ()
Shoe Zone shares booted as Labour’s budget tax raid weighsFootwear retailer Shoe Zone has slashed its profit target in half for the full-year citing an overhang from Rachel Reeves’ 2024 Autumn Budget. The London-listed firm said in a trading update on Wednesday it expects pre-tax profit for the financial year ending September 2025 to be around £2.5m. This marks a stark drop from previous [...]
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