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Evening Standard

Business

Joanna Hodgson

London offices face extra £1.32bn bill from business rates revaluation

London Altus Group Budget

London’s huge office sector faces a £1.3 billion extra business rates burden over the next three years, according to research published.

The warning comes after Chancellor Jeremy Hunt refused to order major reform of business rates in this month’s Budget and ahead of a revaluation at the start of April.

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