Current Affairs

Over 40 employee groups pen letter urging Sunak to cut business rates

The letter states that the current system ‘hasn’t kept pace with the challenges and opportunities we face as a country’

The CBI, along with 41 trade associations spanning the UK economy, have issued a joint statement urging the chancellor Rishi Sunak to reform the business rates system and “unleash a wave of business investment across key government priorities, including net zero and levelling up”.

The joint statement from businesses is backed by 41 trade associations including British Retail Consortium, UK Hospitality and SMMT, representing around 261,000 businesses and nine million employees.

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