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High_Street%2C_Southend-on-Sea%2C_England.JPG?profile=RESIZE_710xVAT should be increased to 22% and business rates halved in a bid to save the High Street, former Sainsbury's boss Justin King has said.

This would help retailers battling with online rivals who do not face the same tax burden, he said.

He told the BBC's Today programme it was unfair that only bricks-and-mortar retailers paid business rates.


BBC News

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