alt Hacker NewsNope, I have utterly no idea what "rate increases" are being referred to. Doesn't seem to have a single explanation or link anywhere that I can find.
Replies
rzzzt • yesterday at 7:56 PM
A form of property tax it looks like, charged on businesses: https://www.gov.uk/introduction-to-business-rates
To be fair, I'd say that most people in the UK who would be interested in the contents of this site are aware of the context and know what phrases like "rates increases" actually mean.
It's been in the news quite a bit over the years since the pandemic.
Not every site has to provide an ELI5.