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Jennie Johnson
David Pollock
Julie Meyer
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Jeremy Roberts

BRC: Still time to freeze business rates

There is still time to freeze business rates, according to the British Retail Consortium (BRC).

The organisation warned another rise will not only damage the high street, but also deter investment and job creation. Rates are set to go up by 2.6 per cent in April.

Helen Dickinson (pictured), BRC director-general, said that rising costs among retailers mean that many are facing a real test of endurance over the coming months.

"The Autumn Statement didn't include a pledge to freeze business rates next year, but there's still time for the Government to do the right thing.

“Another steep rise would pose a serious threat to vulnerable town centres and mean fewer jobs, especially for young people,” she added.

Dickinson claimed two-thirds of MPs have already told the lobby group that they support a freeze in rates and urged them to keep “pushing for change” in order to breathe life back into town centres and protect small businesses.

By Kirsty Hewitt

 BRC: Still time to freeze business rates
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