Business rates relief set for wholesale industry

Savona-foodservice
Savona has been operating for more than half a century

Foodservice wholesalers are finally set to receive extra support in the form of business rates relief, following a government announcement of £1.5bn in additional backing.

This new support is targeting “businesses affected by Covid-19 outside the retail, hospitality and leisure sectors” that slipped through the cracks in previous support.

Although wholesalers still don’t have final confirmation, the announcement included an case study of a foodservice wholesaler as an example of a business that will receive the relief.

Read more: FWD launches petition calling for government financial support

FWD chief executive James Bielby, said: “This is fantastic news for wholesalers and reflects the increased recognition within government of the vital role of food and drink wholesalers. The past year has had a devastating impact on foodservice wholesalers and support with business rates has been the main ask of government to support the sector.

“It’s a reflection of the great pressure that the wholesale sector has put on government by campaigning intensely for the glaring anomaly on business rates to be corrected,” he added.

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Paul Hill
Paul Hill is the Editor of Better Wholesaling. Paul can be found on Twitter on @BW_PaulHill, or can be contacted via paul.hill@newtrade.co.uk and 020 7689 3376.

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