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Channel Tunnel says UK investment 'non-viable' as it halts projects

Source: BBC

Eurotunnel, the operator of the Channel Tunnel, has halted its UK projects, claiming "unsustainable" levels of taxation has made any future investments "non-viable".The company said it had been informed its business rates would increase by some 200% from next year.It hit out at the government, arguing that the higher costs were "clearly contrary" to ambitions of growing the economy and increasing investment.The…

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