P505 Teletext on 4 505 Jan25 00:41:13 ————————————————————————————— DON'T RAISE TAXES,BOSSES URGE Industry chiefs last week urged Chancellor Lamont to forego raising taxes in his March 16 Budget and safe- guard prospects for economic recovery. In separate submissions to the Treasury, the Confederation of British Industry and the Institute of Directors said any tax rise should bj put on hold The projected £37bn deficit is best tackled by boosting growth, they said. ——————————————————————————————————————— Financial headlines 500 City index 501 TBX, SAVINGS, MORTGAGES - SEE p540 Next page CompNews Shares Money