STEEL chiefs have given their reaction to George Osborne's budget expressing relief there will be no fundamental overhaul of the business rates system - but warning the Government may seek more revenue from plant and machinery.EEF, the manufacturing organisation, speaking on behalf of the steel industry, said business rate bills look set to increase less sharply in the future. EEF Chief Economist, Ms Lee Hopley, said: "Industry will be relieved that there is no fundamental overhaul of the...
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