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Osborne cuts business rates to give local press a boost

on Apr 30, 2016 | 0 comments

By Natalie Mortimer

George Osborne has promised to cut business rates for local newspapers and said he is in discussions with the BBC to see if its license fee can be used to protect local media.

The chancellor made the comments in a speech on Thursday (28 April) and said the cut in business rates will come in to effect from next April in an attempt to boost struggling local papers.

“If we are going to have powerful elected mayors, local decisions taken on everything from health to criminal justice then we do need strong local media to hold them to account…We need Read full story ›

Source: The Drum