Successive governments have offered tweaks, none cut to the heart of problem: growth of online retail
Tesco’s rates bill has risen by 80% in ten years, says Ken Murphy, Tesco’s chief executive, while sales in some stores are flat or lower.Tesco’s rates bill has risen by 80% in ten years, says Ken Murphy, Tesco’s chief executive, while sales in some stores are flat or lower.Last modified on Thu 3 Dec 2020 19.22 GMTmazing, isn’t it? All those supermarkets, it turns out, had been pondering a U-turn on business rates relief for simply ages.says it had been on the case “for some time”.
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