Treasury widens Covid business rates support with £1.5bn fund
by Richard Partington Economics correspondent from on (#5FSPP)
New fund to help firms outside retail, leisure and hospitality sectors with taxes they pay on premises
The government has announced plans for a 1.5bn funding pot to help companies struggling with business rates following a flood of requests for support during the coronavirus pandemic.
In an expansion of support across the economy, the Treasury said the new fund was designed to help firms outside the retail, leisure and hospitality sectors with the taxes they pay based on the value of the premises they occupy.
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