Business leaders call for two-tier business rate system in London

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Business leaders call for two-tier business rate system in London

Ahead of the Autumn Statement, businesses in London are calling on the Government to create a two-tier system for business rates.

One for enterprises in inner-London and another for those in outer London boroughs. It comes after new figures show London businesses will see an average increase of 22% for business rates and in some areas that figure is more than 40%.


Funmi Olutoye has the story.
 

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