Sainsbury’s, M&S and Currys demand action from chancellor on business rates

Busy shopping street in London

Some of the UK’s biggest retailers have called on the chancellor to take action on business rates to save the high street. 

Marks & Spencer, Sainsbury’s and Currys are among the brands urging Jeremy Hunt to cut or freeze the tax bill, which is set to rise 6.7% next year.

According to the British Retail Consortium, the rise equates to a £470m bill hike for the country’s retailers.

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