George Osborne announced a review of the system in his Commons statement yesterday, athough he ignored calls by JP to freeze the rate while the procedure took place.
JP launched the company-wide campaign across its newspaper portfolio less than two months ago, and 5,000 people signed a petition against what it describes as an “unfair tax”.
The campaign, run with the backing of the the British Independent Retailers Association, has received publicity from its titles across the country.
Mr Osborne, pictured above, announced that while the rate has not been frozen during the review process, small retail businesses will see the amount of discount they are entitled to rise 50 per cent to £1,500.
The study is scheduled to be completed by the time of the 2016 Budget.
Johnston Press chief executive Ashley Highfield said: “We very much welcome the decision today to review the business rates paid in the high street.
“There’s a long way still to go but this is definitely a step in the right direction and we remain committed to supporting small business across the country and helping to safeguard their future.
“We want to thank all those who signed our petition and played their part in getting this on the Chancellor’s agenda.”