FINANCE

Hammond urged to overturn rates rise

Business lobby groups are urging chancellor Philip Hammond to overturn an ‘unconscionable’ 3.9% rise in business rates in his budget later this month.

Business lobby groups are urging chancellor Philip Hammond to overturn an ‘unconscionable' 3.9% rise in business rates in his budget later this month.

Dr Adam Marshall, director general of the British Chambers of Commerce, said: ‘It would be unconscionable for the Government to use September's inflation figures to slam businesses with a huge rise in rates, particularly when they already face spiralling up-front costs.'

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