Small retailers in the UK are set to receive a boost from the government after the Chancellor announced he will cut business rate bills by a third as part of a £1.5bn spending pledge to help the embattled high street.
The new cuts, part of the autumn budget, will affect almost half a million high street businesses, with small retailers with a property rental of up to £51,000 the main focus of the business rate relief.
Not yet a Subscriber?
This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.
Subscribe now Already a subscriber? Sign in here.
