Coronavirus

UKH warns business rates cap may endanger mid-sized firms

UKH chief executive Kate Nicholls has said the cap means some firms could be facing a business rates bill in July

UKHospitality has warned that the £2m cap the government has imposed on business rates relief “could threaten the survival of jobs and businesses” for many mid-sized firms.

The warning comes after the cap was unveiled as part of the chancellor’s budget announcement on Wednesday (3 March).

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