The CBI has long been calling on the government to urgently reform the business rates system. This change would put business rates back on a sustainable path to supporting investment, economic growth and prosperity across the UK. We have welcomed the government’s review of the business rates system and their subsequent call for evidence and, as business rates is such an important but complex area, the decision to consult in two tranches provides businesses with the necessary time to contribute effectively towards the debate.
As the government and business look to build back better, there is an opportunity to re-think the future of the business rates system. Businesses need certainty to be able to make investment decisions that will deliver the economic growth needed to help rebuild the economy. Business rates reform has a part to play in incentivising green investments in the stock of commercial property, as well as in ensuring that these in