Struggling stores in less prosperous parts of the UK may face delays in receiving business rate cuts



Britain's ailing high streets have been ‘stung’ by a botched review of the business rates system, experts have warned.
They said struggling stores in less prosperous parts of the UK face delays in receiving much-needed tax cuts totalling billions of pounds.
Following a long-awaited revaluation, new draft business rate lists were unveiled on Friday. They propose cuts in the local tax rate at more than 300 of 431 retail centres.
But property consultants Colliers International said thousands of firms in the North of England and the Midlands who had been expecting an immediate benefit are... read more

 
1 October 2016 in Business, Views: 55
Source: Daily Mail
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