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Frasers Group hits out at business rates revaluation delay
Source: Mintel 23-07-2020

UK 23-07-2020

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Mike Ashley’s Frasers Group warns some House of Fraser and Sports Direct stores may have to close following the government’s decision to delay the next business rates valuation until 2023, having postponed this year’s revaluation in May.

Frasers Group is yet to update the market on how its brands have performed in terms of sales during the COVID-19 crisis.