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Evening Standard
Evening Standard
Henry Saker-Clark

Chancellor says economy ‘stuck’ as Treasury reviews business rates cliff edges

Economy Rachel Reeves
The Treasury is looking at changes to the current system of business rates (Mike Egerton/PA) - (PA Archive)

The Chancellor has said the UK economy feels “stuck” as she revealed plans to consider business rates reforms including removing “cliff edges” for small firms.

The Treasury is looking at changes to the current system of business rates – the tax on UK business properties – as part of efforts to cut red tape and improve growth.

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