Sainsbury(J) PLC Business Rates (5436G)
18 March 2020 - 6:00PM
UK Regulatory
TIDMSBRY
RNS Number : 5436G
Sainsbury(J) PLC
18 March 2020
18 March 2020
J Sainsbury plc
Business Rates
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 GBP567m in the financial year to 9
March 2019, of which c.GBP500m related to stores.
Enquiries
Investor Relations: James Collins +44 (0) 20 7695 0080
Media: Rebecca Reilly +44 (0) 20 7695 7295
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END
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