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Supermarkets turn down business rates relief holiday
The UK’s biggest supermarkets have announced they will turn down offers of a business rates holiday, despite Chancellor Rishi Sunak extending the exemption until the end of June as part of today’s Budget.
Supermarkets were pilloried last year for accepting the rates holiday announced after the first lockdown
Food and drink manufacturers praise Budget
FDF chief executive Ian Wright welcomed the extension of the furlough scheme, the doubling of incentive payments for businesses hiring apprentices and Sunak’s intention not to increase the cost of living, although he said the government should also review ”proposed regulatory changes that will increase food prices.”
The full list of companies can be found on the government s website but it includes some of the UKs biggest employers, including Tesco, Pizza Hut and Superdrug.
Paul Scully, the Business Minister, commented on the findings: Paying the minimum wage is not optional, it is the law. It is never acceptable for any employer to short-change their workers, but it is especially disappointing to see huge household names who absolutely should know better on this list. This should serve as a wake-up call to named employers and a reminder to everyone of the importance of paying workers what they are legally entitled to.