Chancellor unveils plans to ‘overhaul’ business rates in Labour conference speech

Rachel Reeves

Source: Shutterstock

Chancellor of the exchequer Rachel Reeves has described the current business rates system as “outdated” and pledged to overhaul it in her speech at the Labour Party conference.

Reeves said high street businesses were being “punished by our outdated system of business rates” and that Labour would “overhaul” the system.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now