New chancellor Rishi Sunak delivered his first Budget last week, in which he announced a temporary abolition of business rates, greater access to loans and grants, and sick pay refunds for companies whose employees have to self-isolate.
Deben Travel’s Lee Hunt said: “Thank the Lord for some good news – I’ve been hoping for a review of business rates for a long time. I only expected a reduction, so the fact they will be stopped [temporarily] is really good. It will make a massive difference to our business.”
