Has this been covered?
Business rates are to be reevaluated for the first time in 7 years and since they are based on the value of the property, many businesses are seeing increases in the region of 30-40%.
Of course, the hardest hit will be those that can least afford it, e.g. pubs, as they are often in areas where property prices have seen huge increases. Conversely, big online retailers, such as Amazon, stand to benefit as they are often located in out of town areas where prices are cheaper.
What a stupid unfair system. Rates should be based on earning potential, not the values of the property. I know that in Spain when you open a bar, somebody comes round from the local council, measures it up and bases the payable taxes on the square metrage of the property.
Sounds much fairer. It's no wonder the high street is dying.