Switching rates calculation to annualised CPI would have saved businesses £161m last year | News | Retail Week UAT

Skip to main content
Skip to navigation

Switching rates calculation to annualised CPI would have saved businesses £161m last year

By Tiffany Holland2013-07-31T13:27:00

Switching the business rates calculation from retail price inflation (RPI) to annualised consumer price inflation (CPI) could have saved retailers £161m last year, according to the Grimsey Review.

Source: Alamy

Switching the business rates calculation from the retail price index (RPI) measurement to annualised consumer price index (CPI) could have saved businesses £161m last year, according to the Grimsey Review.