Department Stores
Debenhams CVA could cost local authorities £8.5m in business rates
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2019/01/debenhams_3747742738369-e1515063315580-750x374-e1547115375910.jpg?lossy=1&strip=1&webp=1)
Colliers International has estimated that Debenhams’ CVA could affect up to 59 local authorities, who could lose out on £8.5m of the £17.3m rates bills the department store retailer should have been paying on properties.
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