M&S boss says retailers being 'raided like piggy banks'

UK retailers are being "raided like a piggy bank", the boss of Marks & Spencer has said, as the sector faces rising taxes.Writing in the Sunday Times, Stuart Machin said retailers were facing a series of headwinds, including the increase in National Insurance Contributions (NICs) paid by firms and higher packaging levies.He called for a number of changes from the government, including staggering the NIC changes…