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Will business rates hike be final chapter for high street bookshops?

Written By Unknown on Saturday, February 25, 2017 | 3:12 AM

Booksellers group says rise will kill off independent stores and berates Treasury for cutting tax for sector’s biggest online rival Amazon

Bookshops could be wiped off the high street as a result of changes to the business rates system, the industry has warned the Treasury.

In a letter to David Gauke, chief secretary to the Treasury, the Booksellers Association said many bookshops will be crippled by rate increases and described the tax as “archaic”.

Related: The destruction of Britain’s high streets is no accident | Simon Jenkins

Related: Small shops recoil in the face of business rates that will more than double

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