Tesco and Sainsbury’s chiefs join calls for Rachel Reeves to rethink business rates reforms

tesco store

Tesco Group CEO Ken Murphy and Sainsbury’s CEO Simon Roberts said it would worsen the plight of high streets by undermining the investment from larger retailers who act as anchors for footfall

The chiefs of Tesco and Sainsbury’s have thrown their weight behind calls for Chancellor Rachel Reeves to rethink plans to raise business rates for larger properties including supermarkets.

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