Debenhams warns five Welsh stores will stay closed unless they get business rates break

Debenhams warns five Welsh stores will stay closed unless they get business rates break

Debenhams has confirmed that it won’t reopen five stores in Wales unless Welsh Government reverses a decision on business rates.

There was a warning this week that some Debenhams stores could face permanent closure after ministers in Cardiff decided not to offer a rates holiday to stores with rateable values of over £500,000 – while all stores in England will get a business rates break.

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