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flag UK small shops face closure without reform, threatening 60,000 stores and 150,000 jobs.

flag A new report warns that without urgent business rates reform, up to 60,000 small UK shops and 150,000 jobs could be lost, with 10% of small business owners fearing staff cuts and one in eight fearing closure. flag Industry leaders and the Co-op Group urge the government to implement a permanent lower multiplier for local shops in the upcoming autumn budget, citing rising costs, the end of temporary relief, and a looming revaluation. flag Public confidence in government action is low, with over two-thirds doubting promised support, while experts stress the social and economic importance of local stores.

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