See Revo Operating Board Member Vivienne King’s CoStar News article on behalf of the Shopkeepers Campaign, urging the Chancellor to use the Autumn Statement to come good on the Government’s promise to reduce business rates for retail.
The Chancellor will be delivering this year’s Autumn Statement from a slightly better fiscal position than a year ago. The 2022 Statement was about reassuring global markets; the challenge this year is to reassure voters that he is still interested in tax reform. He is still yet to deliver on the Conservative 2019 manifesto pledge to cut business rates for retail. A cash-capped Retail, Hospitality and Leisure relief, combined with a freezing of the business rates multiplier, is frankly not good enough.
Want to continue reading? Access the CoStar article HERE.