Tag : business rates
Selfridges hit hardest by business rates hikeSubscription
The Selfridges and John Lewis stores on Oxford Street will be among the hardest hit retailers in London’s West End when the latest business rates hike takes effect in April.
Retailers sceptical about business rates inquirySubscription
Retailers have expressed concern that the new government inquiry into business rates is too siloed, and that focusing on the property tax alone will not help save the high street.
Government launches new business rates inquiry Subscription
A new inquiry into business rates has been launched by the treasury select committee to scrutinise how government policy has affected UK businesses.
150,000 high street jobs axed in 2018 Subscription
Almost 150,000 retail jobs and 20,000 shops closed this year on the UK’s high streets, new research has shown.
The treasury select committee will launch a new inquiry into the business rates system next year as retailers continue to struggle on the high street.
High-end fashion chain Flannels has been given £125,000 in business rates relief by Doncaster Council to prevent a former pub and nightclub it bought remaining empty.
Business rates bills will be cut by a third for almost half a million small retailers in the budget today.
Chancellor mulls rates cut for indiesSubscription
The chancellor is reported to be considering a £1.4bn tax cut for small businesses in next week’s Budget, in a bid to ease pressure on the high street.
Retailers demand action to help the high street Subscription
Multiples, independents and property agents have called for the government to freeze business rates and provide a clear strategy to revitalise the UK’s embattled retail sector, ahead of next week’s Budget.
Retailers hit by £186m business rates hikeSubscription
A 2.4% increase in inflation will add an additional £186.45m to retailer’s business rates bill next April.