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Global Trade Alert

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United Kingdom: Whitbread plc saves £120 million under the business rates relief scheme

Description

On 27 October 2020, multinational British hotel and restaurant company Whitbread plc announced benefitting from the government’s business rates holiday scheme by GBP 120 million (USD 156.4 million). I...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Oct 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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