Rishi Sunak

Bira welcomes temporary abolition of business rates in Scotland

The Scottish Government’s move to temporarily abolish business rates in a bid to minimise the impact of coronavirus has been welcomed by the British Independent Retailers Association (Bira). Economy Secretary Fiona Hyslop MSP has unveiled a new economic package to the Holyrood Parliament in response to coronavirus, including 12 months…

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BIRA welcomes increased support for SMEs amid coronavirus crisis

The British Independent Retailers Association (BIRA) has welcomed the Chancellor’s emergency package to help small retail businesses amid the coronavirus crisis. Chancellor of the Exchequer Rishi Sunak delivered his first Budget on Wednesday (11 March) which included a £30bn package to help the UK economy respond to the coronavirus. He…

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ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A £12bn plan to provide…

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Entrepreneurs relief may be scrapped by Sunak

The new chancellor, Rishi Sunak, may scrap entrepreneur’s relief to raise £3bn a year as a means to bring in some extra dosh for the Treasury. Sunak will undoubtedly be looking for ways to raise extra revenue given the government’s infrastructure spending plans as it seeks to make a visible…

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