'Chilling effect' of Budget briefings cost London jobs, say bosses as Reeves defends her tax and spend plans

The long run-up to the Budget with an array of briefings on tax rises cost jobs in London and hit investment, say business leaders.

As the Chancellor was defending her Budget, they also stressed that the package of measures that she had announced would “have little to no impact on growth in the round”.

Business group BusinessLDN gave a mixed response to the Budget, welcoming some measures but criticising others.

It comes as it was revealed the Chancellor had kicked Sir Sadiq Khan out of her office in a major bust up over funding for the capital.

Ms Reeves says economic growth is her number one priority and ministers insisted there were a range of announcements in the Budget to boost GDP .

But BusinessLDN chief Executive John Dickie said: “The Chancellor has shored up t