Blow to firms as Government dashes hopes that business rates system will be ditched...

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Lloyds Banking Group CEO Charlie Nunn warns households not to expect ultra-low interest rates

HOPES that the much-loathed business rates system would be totally ditched in new reforms were dashed by the Government yesterday.

Mr Murray said Labour wanted to level the playing field between the high street and online, but the BRC called business rates a 20-year failure.INTEREST rates are unlikely to fall back to near zero, the Governor of the Bank of England has warned. Mr Bailey, halfway through his eight-year term as Bank boss, said of his fixed tenure: “I do hope the second half will be quieter than the first — but the bar’s quite low for that one.” He accepted criticism as “part of public life”.Glasgow is the second most in-demand city, with 52 inquiries per property, and Bristol close behind on 51.

Overall, the soft drink maker posted a 5.2 per cent rise in overall sales to £221.3million, but its pre-tax profits were 10 per cent lower due to the closure of its delivery business, Barr Direct.GLOBAL stock markets hit a record high yesterday as China began a stimulus blitz in a bid to turn around its post-Covid economic slump.

 

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