Airport and infrastructure firms call for business rates reform to unlock investment
A group of major transport and infrastructure firms has called for urgent business rates reform at the Budget, warning that current tax levels are blocking investment needed to reverse Britain's position at the bottom of the G7 investment league table.
The UK's total investment in Q2 represented less than 19% of GDP — nine percentage points lower than Japan, the best performing G7 country, according to Office for National Statistics (ONS) data.
It is the fourth consecutive quarter the UK has ranked bottom of the G7, which also... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
