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John Lewis: Labour must keep pledge to reform business rates

Summary by City AM
Labour must honour its manifesto promise to fundamentally reform the business rates system, John Lewis boss Jason Tarry has said.  The retail chairman said the changes at last year’s Budget were positive for retail but offered a “short-term” fix to a system which unfairly disadvantages physical retailers as opposed to online shops. Chancellor Rachel Reeves claimed her changes to the business rates levy in November would lower the impact on retai…
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City AM broke the news in London, United Kingdom on Thursday, March 12, 2026.
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