Biz Rates not going up by full 5%

So the Chancellor has decided not to implement the full 5% rise in business rates due to come into effect today. Hooray!

Couple of points that occur to me.

1. isn't interesting how little coverage this event has got today. I know Obama and the G20's a really big deal but it's not easy to find the story on the BBC web site half a day after the announcement.

2. what made him do it at such short notice? gulp!