High Streets UK has submitted a response on behalf of our members to the Government’s discussion paper on business rates.
As outlined in our response, High Streets UK welcomes the fact that the Government has kicked off a conversation on how to reform business rates – something which has been repeatedly promised and much-delayed in the past.
However, the Government’s policy design has unintended consequences. Should it go ahead, it would put 600 stores in flagship high street destinations at risk, with over 200 facing permanent closures.
We have shared our recent business rates impact analysis with the Treasury as evidence, and listed out our policy recommendations to mitigate the worst impacts of reform for flagship high streets.
