Business
Business Rates
Business Rates.
About this update from J Sainsbury Plc
[{"type":"text","content":"\n \n \n RNS Number : 5436G\n Sainsbury(J) PLC\n 18 March 2020\n \n \n \n \n 18 March 2020\n \n \n \n \n \n J Sainsbury plc\n \n \n \n \n \n Business Rates\n \n \n \n \n \n J Sainsbury plc notes yesterday's statement from the Chancellor of the Exchequer, in which it was stated that the government will be \"giving all retail, hospitality and leisure businesses in England a 100% business rates holiday for the next 12 months\". We welcome the support for these businesses and we are awaiting further clarification on the details of this change. J Sainsbury plc paid UK business rates of £567m in the financial year to 9 March 2019, of which c.£500m related to stores.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Enquiries\n \n \n Investor Relations: James Collins +44 (0) 20 7695 0080 \n \n \n Media: Rebecca Reilly +44 (0) 20 7695 7295\n \n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.\n END\n \n MSCJRMJTMTJBTAM\n ","length":2476,"tagName":"div"}]