(LONDON) #BrexitNext ………..Government Finance Minister: Announce support for high streets by cutting the ‘ Business Rates ‘ by £1,000 for around 18,000 small pubs in April after promise of other cuts to small shops and cafes under a review announced by Boris Johnson in December according to @Reute rsBiz #AceFinanceDesk reports

Britain said it would cut business rates for small pubs by £1,000 from April, giving extra help to pubs as part of a wider package aimed at ensuring shops, cinemas and cafes can survive in local high streets: Business rates are taxes to help pay for local services, charged on most commercial properties:

The system of business rates is due to be subject to a fundamental review under plans announced by Prime Minister Boris Johnson in December:

Britain’s finance ministry said on Saturday that about 18,000 smaller pubs were expected to benefit from the 1,000 pound discount on their bills: That follows a cut in bills for small shops and cafes which was announced in December.

#AceFinanceDesk report ………..Published: Jan.25: 2020:

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One of America’s oldest and largest milk producers files for bankruptcy — FOX6Now reports

Borden Dairy Co., one of America’s oldest and largest dairy companies, on Monday became the second major milk producer to file for bankruptcy in the last two months. Tumbling milk consumption combined with the rising price of milk have crippled the dairy industry with debt. Dean Foods, America’s largest milk producer, filed for bankruptcy November 12. Borden said…

via One of America’s oldest and largest milk producers files for bankruptcy — FOX6Now.com