Tag : business rates
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”.
Retailers left without promised rates reliefSubscription
Many eligible retailers have been left without their business rates discounts worth up to £8,000 as local councils face problems in applying the renewed rates, just two weeks before the start of the new tax year.
Trouva to help indies tackle business ratesSubscription
Online market place for independents Trouva has partnered with retail property firm Harper Dennis Hobbs to help tackle business rates for more than 500 high street shops across the UK.
No relief for retailers in Spring Statement Subscription
Retailers have been offered no reprieve to help struggling high streets in the chancellor’s Spring Statement.
The retail industry has called for the government to “wake up and take positive action” following its inquiry into the future of the high street, Drapers can reveal.
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.