Getlink vs UK Business Rates

Getlink, the company running the Channel Tunnel, is furious as its UK business rates have nearly tripled in three years, jumping from £40 million to £118 million annually—with no infrastructure changes to justify it. CEO Yann Leriche vows to fight the hike legally, warning that combined taxes and rates will cost the company 69 pence on every new pound earned in the UK, threatening future investment. The dispute highlights a growing UK business crisis: soaring taxes are driving inflation and deterring investment, while HMRC defends its valuation methods and offers legal appeals. The showdown could set a precedent for other firms facing similar tax pressures. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b609b48641a66a1c