Burnham’s tax plan to save Britain’s high streets ‘could cost £880m a year’

Andy Burnham's proposed tax plan to revitalise Britain's high streets could cost approximately £880m annually. According to forecasts from the global tax firm Ryan, these specific business rates proposals could potentially exempt more than 140,000 additional small high street firms from paying business rates entirely. The initiative aims to provide significant financial relief to small premises to boost local commerce, although the overall fiscal impact on the public purse remains substantial at nearly £880m per year.