Supermarket chiefs tell Rachel Reeves planned business rates hike is their top concern

tesco extra store

Source: Getty

Chief executives of a string of supermarkets and other national retailers met the Chancellor at 11 Downing Street on Wednesday to oppose moves to raise business rates for larger properties from 2026.

Supermarket chiefs have told Rachel Reeves a planned business rates hike for large shops is their number one concern ahead of the budget. 

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