Tag : business rates
Johnson or Hunt? The fashion industry's verdictSubscription
Conservative Party members will be choosing the next prime minister in the next three weeks. Drapers finds out whether Jeremy Hunt or Boris Johnson will be better for the fashion industry.
20,000 shops shut since 2010Subscription
More than 20,000 shops have disappeared from high streets across England and Wales in the past nine years, new research has found.
Business rates blamed for fall in retail jobsSubscription
New research shows 79,000 jobs were lost from the retail sector between the first quarter of 2018 and the first quarter of 2019 – a drop of 2.5% year on year.
Independents have called for a temporary business rates allowance to support smaller retailers, as the Treasury committee develops a longer-term solution to the property tax crippling the UK’s high streets.
More than 82,400 properties in England have lodged appeals against business rates since the system’s 2017 overhaul, official figures have shown.
CBI boss calls for business rates reformSubscription
The president of the Confederation of British Industry (CBI) has warned that business rates risks creating “regional inequalities”, calling for reform.
Brexit uncertainty ‘crippling fashion industry’Subscription
Retailers have told Drapers they are facing a “perfect storm” of cost rises, a record number of store closures, slumping sales and continued Brexit uncertainty.
Planning for Brexit is like to trying to pack for a holiday with no idea of where you’re going, the method of travel or even what factor of sunscreen you’ll need.
Shopping centre body Revo has warned that the government must reform business rates to reflect economic conditions and maintain the UK’s international attractiveness after “unjustifiable” rates rises came into effect yesterday.
BRC calls for review of business taxationSubscription
The British Retail Consortium (BRC) has called for the government to review the business rates system, which is “strangling our high streets”.