Exclusive:​ BRC warns ‘no town or city centre safe’ from business rates rise

Regent Street, London

The British Retail Consortium has warned that “no town or city centre in England is safe” as retail giants brace for an increase in business rates as part of the autumn statement next week.

Retail Week can reveal that according to data provided by real estate business Gerald Eve, the regions of England face an average increase of more than £50m for 2024/25 if the business multiplier rises at the anticipated 6.7%.

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