Chief executive of supermarket group calls on George Osborne to review increase in trade rates in budget on WednesdayThe government will be putting retail jobs at risk if it does not undertake a fundamental review of trade rates,Dave Lewis, the chief executive of Tesco, and has warned ahead of the budget on Wednesday. In a clear warning to the chancellor,George Osborne, Lewis said trade rates were “totally disproportionate” and the fact they are linked solely to property puts traditional retailers operating from physical stores at a disadvantage.
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Source: theguardian.com