FINANCE

Rates revenue shoots up

Business rates revenue shot up by more than 40% last month compared to the previous year as the economy improved, according to latest figures from the Office for National Statistics (ONS).

Business rates revenue shot up by more than 40% last month compared to the previous year as the economy improved, according to latest figures from the Office for National Statistics (ONS).

Business rates brought in £2.1bn in October compared to £1.5bn in October 2020.

Michael Burton

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