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CBI: Labour business rates pledge a 'real step forward'

Video Credit: ODN - Duration: 00:47s - Published
CBI: Labour business rates pledge a 'real step forward'

CBI: Labour business rates pledge a 'real step forward'

The Confederation of British Industry has praised a pledge by Labour's Shadow Chancellor Rachel Reeves to scrap business rates if elected to support UK high streets.

Director-General Tony Danker said: "Today we've seen a real step forward from Labour … this is a tax that is crippling investment, it's crippling the high street and I think Rachel has listened to businesses up and down the country." Report by Buseld.

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