Whitbread Says Two-Year Business Rates Freeze Will Reduce FY28 Increase
Whitbread preliminarily estimates its business rate payments will rise by £7.5m to £12.5m in FY28, versus a previous expectation of around £35m, after Healey announced a two-year freeze.
Healey announced on Wednesday that business rates will be frozen for two years. Whitbread said its preliminary estimate is that its total business rate payments will now only rise between £7.5m and £12.5m in FY28, versus previous expectations for an increase of around £35m. A similar benefit is exp…