Government announces further support for businesses in Spending Review 2020

By Rishi Sunak, Chancellor of the Exchequer, Gov.Uk - 25 November 2020

The Spending Review 2020 builds on the support offered to Businesses to help them grow through these uncertain times and meet the challenges of the virus.:

· the Business Rates multiplier will be frozen for 2021-22, saving Businesses in England £575 million over the next five years.

· The Government is also considering options for further Covid-19 related support through Business Rates Reliefs. In order to ensure that any decisions best meet the evolving challenges presented by Covid-19, the Government will outline plans for 2021-22 reliefs in the New Year