Supplementary business rate angers CBI
Series: Financial Times ; 3 September 2001, 4(1)Publication details: 2001Subject(s): Summary: According to business leaders the Welsh Assembly is preessing ahead with a supplementary business rate even though the idea has been dropped in England and Scotland. The planned rate means local authorities can levy up to 5% of the uniform national business rate. The CBI expressed concerns that a supplementary rate would make Welsh business less competitive by discouraging inward investment.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3733-20 (Browse shelf(Opens below)) | 1 | Available | 114427-1001 |
According to business leaders the Welsh Assembly is preessing ahead with a supplementary business rate even though the idea has been dropped in England and Scotland. The planned rate means local authorities can levy up to 5% of the uniform national business rate. The CBI expressed concerns that a supplementary rate would make Welsh business less competitive by discouraging inward investment.