UK tax plan would triple channel tunnel operator’s business rates, Eurotunnel says
LONDON/PARIS – The operator of the Channel Tunnel, Eurotunnel, said on Tuesday it faces a near 200% increase in its business rates bill from British authorities, a move it called “confiscatory” and a threat to its investment capacity in the UK. The planned hike, proposed by Britain’s Valuation Office Agency (VOA) as part of a triennial…