"cliff edges"
"Our economy isn't broken, but it does feel stuck,"
"We want to see thriving high streets and small businesses investing in their future, not held back by outdated rules or strangled by red tape."
"works for, and rewards, working people"
Chancellor Rachel Reeves signalled reforms to business rates aimed at removing thresholds that discourage small businesses from expanding. Current rules strip small business rates relief when a company opens a second property, creating a barrier to growth and investment. The Treasury will review reliefs to make them fairer and to encourage firms to expand, hire more employees and reinvest profits locally. The reforms are intended to revitalise high streets and to ensure economic growth benefits working people, with delivering growth stated as a top priority and small businesses central to that objective.
Read at Business Matters
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