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Rates delay hits troubled high streets

Retailers and owners of vacant shops may be hit by a government proposal to postpone the revaluation of business rates. Britain's more troubled high streets had been eagerly anticipating the next review, due in April 2015, in expectation of rate cuts. But, as part of the Growth and Infrastructure Bill, the communities and local government department now wants to delay the reset date by two years.

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By Stephen Wilmot,
15 November 2012

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