UK government accused of ‘stealth’ £1.5bn rise in business rates
AI Summary
The UK government has faced criticism for a "stealth" £1.5bn increase in business rates, despite Chancellor's claims of relief in the recent Budget. This extension reportedly saved 70,000 small businesses from paying the tax, but the underlying rise remains a contentious issue. The move has sparked debate over the government's fiscal strategy and its impact on small enterprises during economic recovery. Critics argue this hidden increase could strain business finances and hinder growth.
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