CBI Scotland has joined several other sector bodies to call for the Scottish Government to follow Wales and the rest of the UK and freeze business rates in Thursday’s Scottish Budget.
Scottish businesses face the prospect of rises of around 10% in the Uniform Business Rate (UBR) from 1 April, unless a freeze is implemented by the Deputy First Minister and interim Finance Secretary John Swinney.
Ahead of the country’s own draft Budget, the Welsh Government released details of a freeze in business rates as part of a £460m support package for the business community over the next two financial years.
