Tesco boss blames business rates for retail woes

Tesco boss blames business rates for retail woes
 

The boss of Britain's biggest supermarket has blamed the collapse of some retailers partly on the expense of business rates.
Dave Lewis, Tesco chief executive, said the charges that firms must pay on their buildings played a "large part" in sending some retailers to the wall.
Last year a revamp of business rates saw some bills rise, while others fell.
He questioned whether raising business rates was resulting in an "uneven playing field" for some firms.
Retail is the UK's biggest private sector employer, Mr Lewis told the BBC.
"Are we allowing it to stay... read more

 
8 June 2018 in Business, Views: 141
Source: BBC
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