Sunak unveils £7bn reduction in business rates but refuses to scrap system

Rishi Sunak holding the red box outside 11 Downing Street, ahead of the Budget 2021

In his Budget statement, Sunak maintained the changes would cut business rates by £7bn, but that it would be “irresponsible” not to retain them overall because they are worth £25bn.

 

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