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By Chris Dorrell Over 70 retail bosses have urged the Chancellor to slash business rates for retailers in a move which they claim would boost growth and fuel investment. In a letter to Rachel Reeves, 71 retail chief executives argued the government should “level the playing field” by introducing a ‘retail rates corrector’, which would see rates paid on retail properties fall by 20 per cent. The letter, co-ordinated by the British Retail Consortium (BRC), argued the retail industry paid 7.4 per cent of all business taxes when it only made up five per cent of the overall economy. Business rates …

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