Truss Weighs UK Business Rates Cut for Firms in Energy Crisis

  • Could benefit 200,000 companies, mainly in northern England
  • Tory leadership front-runner said to be receptive of proposal

Liz Truss

Photographer: Chris J. Ratcliffe/Bloomberg
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Liz Truss, the front-runner to be the UK’s next prime minister, is weighing cutting business rates -- a form of property tax on commercial premises -- for small- and medium-sized companies to help shield them from soaring energy costs.