Retail chiefs have urged Chancellor Rishi Sunak to extend business rate relief just as he plans tax rises to reduce the £2 trillion hole in the public finances.
Sir Peter Rogers, chairman of the New West End Company which represents shops, leisure and hospitality firms in London, has written to Mr Sunak asking for the rate relief holiday to be extended to international centres.
Sir Peter, a former chief executive of Westminster City Council, said the re-introduction of rates in 2021 would be ‘a final blow’ for businesses struggling with the collapse in overseas tourist visitors.
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