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High Street

High streets face £3bn rates rise on 1 April

A lower discount and much smaller cap on help will see the cost of the support half from £5.76bn during 2021/22 to £2.66bn for 2022/23

Retail, leisure and hospitality businesses in England are facing a “dangerous cost of doing business crisis”, according to real estate adviser Altus Group, as the government presses ahead with its £3.1bn business rates rise on 1 April.

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