Labour Pledges Business Rates Overhaul to Boost Small Enterprises

Keir Starmer outlines plans for banking hubs, energy cost reduction, and tackling late payments to support small businesses.

Labour promises to overhaul the business rates system to support small businesses.
Plans include establishing banking hubs and cracking down on late payments from large firms.
Great British Energy aims to reduce energy costs for small businesses through publicly owned renewables.
Labour criticizes Conservative policies for economic instability and high energy bills affecting small businesses.
Trade bodies welcome Labour's focus on small businesses but seek clarity on the proposed system replacing business rates.