Tag : business rates
‘Dreich’ sales for Scottish retailers in JanuarySubscription
Like-for-like retail sales in Scotland fell by 3.2% in January as shoppers kept a firmer grip on their wallets after the festive period.
100 Shoe Zone stores at risk over business ratesSubscription
The boss of Shoe Zone has warned that the footwear retailer may be forced to shut 100 stores if there is no reform to the business rates system.
100,000 business rates appeals lodgedSubscription
English councils are expected to collect £25bn in business rates this year, despite more than 100,000 English businesses appealing their rates since the April 2017 revaluation.
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.
18,000 retail jobs lost in two monthsSubscription
Over 18,000 jobs have been lost and 1,211 stores closed in the retail sector during the first two months of 2020.
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.
More than 82,400 properties in England have lodged appeals against business rates since the system’s 2017 overhaul, official figures have shown.
The chancellor has been criticised for failing to address the burden of business rates in today’s Autumn Statement, as forecasts suggest next year is going to be even more challenging with slower growth and rising inflation.
Many former BHS landlords are reportedly facing a £100m business rates bill on empty stores, a year after the high street chain collapsed.
BHS liquidator seeks business rates refundSubscription
The liquidator of BHS is reportedly seeking to recover part of the business rates bill the retailer incurred before its final stores closed.