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flag English businesses face a £1.06 billion rate hike from April 2026 due to inflation and property revaluation, hitting high-street firms hardest.

flag English businesses face a £1.06 billion rise in business rates starting April 2026, driven by a 3.8% inflation increase and a nationwide property revaluation based on April 2024 data. flag The change, tied to the Consumer Prices Index, will raise taxes across commercial properties, disproportionately affecting high-street firms like shops, pubs, and restaurants. flag A proposed 10p supplement on large properties over £500,000 may increase costs for major landlords, while targeted relief for small businesses is expected in the autumn Budget. flag The tax system is devolved, applying only to England, where property taxes already rank among the highest globally at 3.7% of GDP.

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