Business rate rise to be biggest in 16 years
Author: Financial Times - Feb 3, 2009
Business rates are set for their biggest rise since the modern system began in 1993 – despite companies facing the toughest economic conditions in decades.
Industry groups and the Conservatives have urged the government to take urgent action to prevent the 5 per cent jump in April which, they say, is inappropriate at a time when other prices are set to fall.
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