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Bosses snub Reeves as she launches fresh attack on business
- What: Business leaders have rejected Labour leader Keir Starmer's call for a 10% pay rise for workers, citing inflation concerns.
- Why: The decision comes as the UK's Office for National Statistics reports that the Consumer Prices Index inflation rate has risen to **7.4%**.
- Signal: The move is seen as a blow to Labour's efforts to increase worker pay and reduce the cost of living.
- Target: The UK government has set a target to reduce inflation to **2%** by the end of the year.
- Risk: The rejection of the pay rise could lead to increased industrial action and labour disputes.