Supermarkets turn down business rates relief holiday
The UK’s biggest supermarkets have announced they will turn down offers of a business rates holiday, despite Chancellor Rishi Sunak extending the exemption until the end of June as part of today’s Budget.
Supermarkets were pilloried last year for accepting the rates holiday announced after the first lockdown
Food and drink manufacturers praise Budget
FDF chief executive Ian Wright welcomed the extension of the furlough scheme, the doubling of incentive payments for businesses hiring apprentices and Sunak’s intention not to increase the cost of living, although he said the government should also review ”proposed regulatory changes that will increase food prices.”