Government plans to raise business rates to cost ‘600 shops and 5,500 jobs’

Busy High Street

Source: Getty Images/iStock/William Barton

The government’s plans to raise business rates for the largest retailers puts over 600 stores and over 5,000 jobs at risk.

The message to government came in a letter from a High Streets UK, a group representing 5,000 high street businesses, which is also doubled down on warnings that raising business rates will increase prices for consumers.

 

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