Chancellor Rishi Sunak must commit as soon as possible to extending coronavirus business rates relief beyond April “to avoid needlessly putting jobs and businesses at risk”, Hackney Council has written in a letter to the Treasury.

The letter, from Mayor of Hackney Philip Glanville, Deputy Mayor Cllr Rebecca Rennison, and Cllr Guy Nicholson, Cabinet Member for Planning, Culture and Inclusive Economy, sets out how business rates relief introduced in March last year is due to expire on 5 April – leaving business owners facing significant bills as they play their recovery from coronavirus.

Nearly 2,600 businesses in Hackney have claimed 100% relief this year – saving them an average of nearly £20,000 a year each. The Council will be required by law to send business rates bills for the next financial year next month unless the Government takes action now.

Read the full letter.

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