Burberry becomes first non-essential retailer to return business rates relief

Burberry is to hand back savings made as a result of the business rates holiday

Luxury fashion giant Burberry is to voluntarily hand back savings made through business rates relief during the Covid-19 pandemic.

Burberry will return about £6m to the Treasury. It is the first so-called non-essential retailer to do so and the decision is likely to put pressure on peers to follow suit, The Mail on Sunday reported.

Many retailers that traded from stores during lockdown, such as the big grocers and B&Q owner Kingfisher, have already committed to repayment of the rates relief they received.

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