Much-needed £1.5 bn. retail relief shrouded in uncertainty

Commercial Property Advisors (CPA) are unable to answer clients's questions about the £1.5 bn. retail relief promised by the Exchequer.

"We pride ourselves on being first off the blocks, when it comes to reducing business rates", says David Tanswell, CPA Managing Director. "But right now, we're stymied by Government not firing their starting pistol. Such a shame, as we are ready to take rates appeals to the local authorities."

As retail businesses face existential challenges, every penny in relief is urgently needed, and CPA calls on Government to invite bids for relief without delay.