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Highcross Debt Write-Off Sparks Local Outcry | Leicester News
Leicester City Council is writing off nearly £3 million in unpaid business rates from the Highcross Shopping Centre — a debt left behind after its owner went into liquidation. While the council says this is standard when debts are unrecoverable, local business owners like The Knight & Garter’s pub owner are furious, arguing that small businesses are bearing the brunt of rising costs and roadworks while big debts get wiped clean. The pub, set to close later this year, blames high rates and falling foot traffic for its demise, while Highcross itself faces a £24 million shortfall — meaning the…
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