# Frasers Group calling for the Government to take urgent action

- Link: https://www.directorstalkinterviews.com/frasers-group-calling-for-the-government-to-take-urgent-action/412805592
- Published: 2020-02-14T07:25:34+00:00
- Author: Giles Arbor

**Frase[rs Group plc](https://www.directorstalkinterviews.com/ftse-company/rs-group/rs1.l)**(
LON:FRAS), one of the biggest employers on the UK High Street, has backed the campaign
by the British Retail Consortium and 52 other chains calling for the Government 
to take urgent action on Business Rates.

With the UK High Street on life support, the time for reform has long since passed.
Transitional relief in particular is disastrous for a great many retailers and needs
to be significantly modified to at least ensure the correct amount of rates are 
paid by the end of transitional relief periods. The current system whereby downward
transitions of just a few percent a year means that the correct amount is never 
reached or even close to, punishes those in greatest need of relief.

Within the Frasers Group itself we have some stores paying up to four times the 
rates bills they should be. This kind of pattern clearly cannot be right and is 
no doubt repeated widely across UK Retail; it is a significant contributor to the
dire straits the High Street currently finds itself in.

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