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Inflation Figures Point To £1.95 Billion Business Rates Rise Next Year

Experts Urge Chancellor to Act to Mitigate Rise in Next Month’s Autumn Statement
Experts want Chancellor of the Exchequer Jeremy Hunt to act. (Photo by David Levenson/Getty Images)
Experts want Chancellor of the Exchequer Jeremy Hunt to act. (Photo by David Levenson/Getty Images)
CoStar News
October 18, 2023 | 7:32 AM

September’s consumer prices index, the headline rate of inflation, signals a £1.95 billion business rate rise in England next April for the 2024-25 financial year without intervention from the Chancellor at his upcoming Autumn Statement, experts have warned.

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