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Evening Standard
Evening Standard
Politics
Henry Saker-Clark

Burnham’s business rates plan to boost high street ‘could cost around £880m’

Andy Burnham is the only announced candidate for the Labour leadership (Peter Byrne/PA) - (PA Wire)

Andy Burnham’s plans to overhaul business rates to support small high street firms could cost around £880 million a year, according to fresh analysis.

The frontrunner to become prime minister this summer has indicated that he plans to cover the cost through higher property taxes for large warehouses, particularly targeting online giants such as Amazon.

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