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Tag : business rates

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  • drapers indie indicator index image

    Drapers Investigates: the independent retail crisisSubscription

    Features28 November 2019

    Drapers’ survey shows independent businesses are currently battling to survive amid high street headwinds, with more than a quarter reporting they are not profitable. It found that the survival of the independent sector will require significant action from local councils and wider government.

  • 3088742 christmas shoppers

    BRC 'welcomes' Tory business rates pledgesSubscription

    News25 November 2019

    The British Retail Consortium (BRC) has welcomed a promised review of the business rates system unveiled as part of the Conservative  manifesto.

  • boris johnson

    Conservatives pledge to help 'left-behind' towns Subscription

    News15 November 2019

    The Conservatives have pledged to reduce business rates for small businesses in a bid to help ‘left-behind towns’ if they win the general election.

  • Guildford high street

    Demands for 'level playing field' from business rates reportSubscription

    News1 November 2019

    Fashion retailers are calling for urgent action following the Treasury select committee’s report on business rate reform.

  • 3087799 3081664 highstreet

    MPs condemn 'broken' business rates system Subscription

    News31 October 2019

    The retail industry has welcomed a new Treasury select committee report on business rates, which identifies a number of flaws in the current system. 

  • halifax high street

    Retailers to face £137m business rates hikeSubscription

    News16 October 2019

    Retailers will have to pay an extra £137m next year after it was confirmed that inflation costs will increase by 1.7% in 2020/21. 

  • Ipswich town centre

    Chancellor ‘missed a trick’ on business ratesSubscription

    News5 September 2019

    Chancellor Sajid Javid’s debut spending review has been met with disappointment over its lack of action on business rates.

  • 3086775 marlboroughhighstreetbyanguskirk14546087668 d41c2cc24b o

    Retailers could face £169m increase in business ratesSubscription

    News2 September 2019

    Total UK business rates could be increased by £662m next year, if the current rate of inflation (2.1%) does not change before September’s CPI figure is released.

  • EB10

    Future High Streets Fund 'no fix for business rates'Subscription

    News28 August 2019

    The government’s Future High Streets Fund will not go far enough and the money should instead be used “to remove downwards transitions and reduce the [business rates] multiplier”, a reteil property expert has claimed. 

  • High street

    100,000 business rates appeals lodgedSubscription

    News27 August 2019

    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.  

  • 3085966 oxford street

    Retailers unite against business rates in letter to chancellorSubscription

    News13 August 2019

    More than 50 high street retailers have demanded the government launches “a wholesale review of business taxes to create a tax regime fit for the 21st century”, in a letter to chancellor Sajid Javid. 

  • guildford high street

    Councils sue 750 firms a day over business rates arrears Subscription

    News5 August 2019

    Around 190,000 non-domestic premises in England, including shops, pubs and restaurants, were taken to court for non-payment of their business rates during the 2018/19 financial year, new research by Altus Group has found. 

  • Regent street jpg

    Revo calls for urgent business rates review Subscription

    News1 August 2019

    Revo, the representative body for the UK retail property sector, has published an open letter to chancellor Sajid Javid calling for an urgent review of business rates as the UK fast approaches its exit from the EU. 

  • halifax high street

    Boris Johnson urged to tackle business rates 'crisis' Subscription

    News24 July 2019

    The Greater Birmingham Chambers of Commerce (GBCC) and property services firm Colliers International have called for new prime minister Boris Johnson to make tackling the business rates “crisis” a top priority.  

  • Analysis

    Johnson or Hunt? The fashion industry's verdictSubscription

    News2 July 2019

    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.

  • guildford high street

    20,000 shops shut since 2010Subscription

    News17 June 2019

    More than 20,000 shops have disappeared from high streets across England and Wales in the past nine years, new research has found. 

  • Bhs closing down in ashford 2

    Business rates blamed for fall in retail jobsSubscription

    News12 June 2019

    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. 

  • Moss lane shops

    Indies call for 'immediate action' on business ratesSubscription

    News21 May 2019

    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.

  • High street

    82,000 business rates appeals lodged since revaluationSubscription

    News17 May 2019

    More than 82,400 properties in England have lodged appeals against business rates since the system’s 2017 overhaul, official figures have shown.

  • guildford high street

    CBI boss calls for business rates reformSubscription

    News8 May 2019

    The president of the Confederation of British Industry (CBI) has warned that business rates risks creating “regional inequalities”, calling for reform.

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