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CBI: Labour business rates pledge a 'real step forward'

The Confederation of British Industry has praised a pledge by Labour's Shadow Chancellor Rachel Reeves to scrap business rates if elected to support UK high streets. Director-General Tony Danker said: "Today we've seen a real step forward from Labour … this is a tax that is crippling investment, it's crippling the high street and I think Rachel has listened to businesses up and down the country." Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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