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       GB00B126KH97

DEBENHAMS PLC

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Debenhams : Retail bosses urge chancellor to reform business rates in Budget

02/13/2020 | 01:12am EDT

UK's biggest chains have written to Sajid Javid urging him to outline reforms to the transitional relief system in the Budget on 11 March.

The letter, also signed by Asda chief executive Roger Burnley and Greggs boss Roger Whiteside, has called on the government to scrap downward phasing — the process that delays a drop in rates bills.

MAJOR UK retailers, including Debenhams, Sainsbury's and Marks & Spencer, have this morning called on the chancellor to take action on business rates reform in the upcoming budget.

Retail bosses from some of the

(c) 2020 City A.M., source Newspaper

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Managers and Directors
Steven M. Cook Managing Director
Mark Anthony Gifford Chairman
Stephen Sunnucks Director
Beatrice Madeleine Lafon Non-Executive Director
Katherine Wynne Director-Investor Relations