Business Rates have stealthily risen by 25% over the past six years and for many corporates this has become their biggest tax burden. Relief would provide a boost to the retail and commercial real estate sector.
The Chancellor makes his statement today at 12.30pm. It will be the last such formal finance review before next year's UK General Election.
George Osborne will pump more cheap money into the banking system today and promise to overhaul business rates as he pleads with voters to let him keep Britain’s recovery afloat.