Scrapping rates relief would be disaster for London's small businesses

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London ’s economic recovery since the pandemic has been built by the determination of small businesses , start-ups, and the flexible workspaces that give them room to grow. The Chancellor threatens to unravel that progress with a series of overlapping changes to the business rates system which would

At the heart of the issue are two intertwined reforms - the removal of Small Business Rates Relief (SBRR), and the potential removal of vacant office relief. Together, these changes could be catastrophic for London .

Under the proposed changes, flexible and serviced