CBI members share their views on the impact the current business rates regime has on their businesses.
After key-note speeches from among others the Financial Secretary to the Treasury Mel Stride and CBI President John Allan at the Business Rates Conference it was time to hear from businesses about the impact the current business rates regime has on them.
And what better businesses than Tesco and InterContinental Hotel Group each representing sectors that keenly feel the effects of business rates to discuss their experiences. Retail having of course garnered attention over the past few months, with many high-profile stories in the media about the effect of business rates on the sector. But the burden of business rates goes beyond just the retail sector, and this piece will look at how business rates effects different sectors.
For the InterContinental Hotels Group (IHG), a multinational hospitality company, headquartered in the UK, business rates represent a unique challenge by international comparison. Matthew Woollard, IGH’s Group Finance Vice President – Europe Finance Oper
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