1 in 4 UK businesses could face rate rise

The video discusses the impact of business rate changes in the UK, highlighting the benefits for Northern businesses like Margaret's florist in Preston, who will save over £3000 annually. However, Southern businesses, such as Mary's antique shop in Runnymede, face increased rates, causing political tension for the government. The Chancellor, Philip Hammond, is under pressure to address these issues, especially with the upcoming budget. The Treasury is considering measures to support small traders affected by the rate hikes.

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