Chancellor slammed by Argos boss for 'tinkering around the edges' on business rates and failing to overhaul a broken system



The boss of high street retailer Argos has slammed the Chancellor for 'tinkering around the edges' and failing to propose much-needed reform on business rates in the Budget.
John Rogers, who has been Argos's chief executive since last year, said: 'There needs to be a full reform of business rates - a business tax that's based on property ownership is not fit for purpose.'
He added: 'Tinkering around the edges is just not sufficient.'
He said thousands of businesses had been lumbered with sky-high business rate hikes in the past year.
With over 60 per cent of Sainsbury's owned Argos's sales... read more

 
23 November 2017 in Business, Views: 60
Source: Daily Mail
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