Now or never to save high street, min­is­ters warned

The Daily Telegraph - Business - - Business -

Land­lords are call­ing on the Govern­ment to slash busi­ness rates to save the high street, warn­ing it is “now or never”. Revo, the land­lord trade group, wants the stan­dard busi­ness rates mul­ti­plier, used to cal­cu­late lev­els, to be cut from 51.2p in the pound to 30p. It also be­lieves val­u­a­tions un­der­pin­ning rates are too in­fre­quent.

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