Opinion: Time is now for Johnson and Javid to back retail on rates reform
If the message to prime minister Boris Johnson and chancellor Sajid Javid on business rates wasn’t already clear, it certainly is now.
Ahead of next month’s Budget – Britain’s first since leaving the EU on January 31 – the CBI and Institute of Directors have both waded in to urge Javid to review the property tax system.
The former has called for a “comprehensive review” in a bid to “reduce the bill on individual businesses”.
CBI director-general Dame Carolyn Fairbairn says Javid’s Budget offers him “the chance to turn rising optimism into a surge in investment across the UK”. It is a chance he must take.
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