J Sainsbury welcomes Chancellor of the Exchequer’s statement on business rates

J Sainsburys plc
[shareaholic app="share_buttons" id_name="post_below_content"]

J Sainsbury plc (LON:SBRY) noted yesterday’s statement from the Chancellor of the Exchequer, in which it was stated that the government will be “giving all retail, hospitality and leisure businesses in England a 100% business rates holiday for the next 12 months”. We welcome the support for these businesses and we are awaiting further clarification on the details of this change.

J Sainsbury paid UK business rates of £567m in the financial year to 9 March 2019, of which c.£500m related to stores.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
    Sainsbury's extends its Aldi Price Match to Local stores, enhancing value with competitive pricing on 200 essential items, driving customer satisfaction.
    NatWest Group plc (LON:NWG) announces an agreement to acquire Sainsbury's Bank's retail banking assets, adding £2.5 billion in customer assets and one million accounts.

      Search

      Search