The boss of Asda has warned of a Budget 'tipping point' as Labour has the chance to boost growth instead of squeezing business with even more tax hikes
Allan Leighton also threw his support behind Mike Ashley's scathing remarks on Andy Burnham's plans to revive the high street and urged him against heaping more taxes on larger retailers.
The chairman's comments come as business leaders have started to set out their case to ministers ahead of the October Budget and as he revealed signs of a turnaround at Britain's third biggest grocer.
He said the Budget was an opportunity for the new Prime Minister and Chancellor to shift away from a model of heavy taxes on business which inhibits growth to one that enhances it.
'This is a real tipping point: instead of just talking about growth, the government now has an opportunity to change tack and actually make growth happen.'
