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Property giants urge renewal of rates talks for Covid-hit offices: ‘It’s a massive issue for the City’

Offices have not received a business-rates holiday

Many offices that have been forced to close due to the pandemic have not been eligible for business rate relief. There have been an estimated 400,00 appeals against business rates on the grounds that the pandemic was a material change of circumstance
Many offices that have been forced to close due to the pandemic have not been eligible for business rate relief. There have been an estimated 400,00 appeals against business rates on the grounds that the pandemic was a material change of circumstance Photo: Vuk Valcic/Getty Images

Representatives from some of the UK’s leading property companies have called for the government to negotiate with business ratepayers hit by the Covid-19 pandemic.

The government has introduced a rates holiday for businesses in the hospitality and leisure sector, which has been hit hard by coronavirus lockdowns.

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