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

J Sainsburys plc

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.

Share on:
Find more news, interviews, share price & company profile here for:

    J Sainsbury Plc boosts market share and sales with record-breaking Christmas

    J Sainsbury Plc achieved its fifth consecutive year of Christmas market share growth, with strong sales and customer satisfaction during the festive season.

    Sainsbury (J) Expanding Aldi Price Match Initiative to Convenience Stores Positive say Shore Capital

    Sainsbury's extends its Aldi Price Match to Local stores, enhancing value with competitive pricing on 200 essential items, driving customer satisfaction.

    Natwest to buy Sainsbury’s Bank

    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