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Global Trade Alert

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United Kingdom: Marks and Spencer benefits from the business rates relief scheme

Description

On 4 November 2020, British retailer Marks and Spencer Group Plc (M&S) announced benefitting from the government’s business rates holiday scheme by GBP 83.7 million (USD 108.5 million). According ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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