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Evening Standard
Evening Standard
Henry Saker-Clark

Proposed changes to business rates ‘risk slowdown’ in investment, warns BT

BT Budget Rachel Reeves BT Group Openreach United Kingdom
BT has warned that potential business rates changes could cost infrastructure firms an extra £400 million (BT Group/PA) - (PA Media)

BT has warned that expected changes to business rates at next month’s Budget could cost infrastructure firms an extra £400 million each year and “risk a slowdown” in investment.

The telecoms giant and Openreach owner is the latest UK business to warn that it could be hit by proposed changes to commercial property taxes, which are expected to come into force next year.

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