All Business rates articles – Page 10
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News
West End retailers braced for April business rates hike
John Lewis, Primark, Debenhams and Selfridges will suffer some of the sharpest increases in business rates on their flagship West End stores, new research has found.
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News
MPs launch inquiry into impact of business rates
The Treasury Committee has launched a fresh inquiry into the much-maligned business rates amid warnings that a further 100,000 shops will close this year.
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Analysis
Analysis: The 'new realities' facing retail in 2019
Next boss Lord Wolfson warned after the fashion bellwether’s Christmas trading update that retailers, landlords and local authorities must wake up to “the new reality” on the high street.
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Cartoon
Retail cartoon: M&S's Rowe on Covent Garden rates hike
Patrick Blower’s take on the £500k rates hike faced by Marks & Spencer’s old Covent Garden store – prompting chief executive Steve Rowe to comment: “In the nicest possible way, we sell sandwiches”
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News
HMV collapse is ‘red flag’ on business rates, boss warns
HMV’s fall into administration throws into stark relief the urgent need for business rates reform, its boss has said.
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News
Business rates to be investigated by MPs
MPs will examine the controversial business rates system as the fate of embattled high streets continues to prompt concern.
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Opinion
Opinion: Don’t rely on Ashley to 'save' the high street
Get the popcorn ready for next Monday, when retail tycoon Mike Ashley will meet MPs to set out his thoughts – no doubt robustly – on how to rescue the troubled high street.
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Opinion
Theo Paphitis: How to stay relevant against the odds
When I was trying to buy Ryman and approaching private equity businesses and banks to raise the money, I was told it was a dog of a business – they were wrong.
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News
Business rates and online tax on Budget agenda
Chancellor Philip Hammond is expected to cut business rates by a third for about half a million small retailers in today’s Budget.
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Analysis
Data: Empty stores by parliamentary constituency
The business rates burden borne by retailers will increase by £180m, from next April. As high streets face further pressure, find out here how many stores lie empty in your area.
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News
Government hammers retail with £180m rate hike
Retail faces “yet another eye-watering rise in business rates” following the publication of September’s inflation figures.
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Opinion
Opinion: Follow Lewis' lead and pressure MPs on rates
Tesco chief executive Dave Lewis was on the nail when he called this week for radical change to the business rates regime, which is holding back the retail industry’s success.
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News
Business secretary Greg Clark hints at rates change
Business secretary Greg Clark has hinted that business rates could be set to change, in a move which would provide some relief to a stricken high street.
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News
Labour pledges action to revive embattled high streets
The Labour Party has unveiled proposals to reinvigorate high streets which have suffered as result of high business costs and the rise of online retail.
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Opinion
Why I’m certain department stores have a future
As he unveils his latest store, Debenhams’ chief executive explains why he’s confident in prospects despite tough conditions.
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Opinion
Peter Pritchard: Amazon must pay its fair share of taxes
There’s much to admire about Amazon, says Pets at Home chief executive Peter Pritchard, but it should pay like other retailers for the services it benefits from.
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Opinion
Opinion: Don't blame Amazon for high street hardship
House of Fraser’s battle for survival has put the spotlight not just on its future but that of the wider high street.
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Opinion
Opinion: Now is the time for a business rates freeze
The BRC has long made the case that the current business rates system is untenable.
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News
Philip Hammond refuses MPs’ calls for rates reform
Chancellor Philip Hammond has told MPs he will not reconsider business rates reform imminently, but will examine changing how digital firms are taxed.
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News
Retail industry associations demand business rates reform
Retail industry trade bodies the BRC and Revo have called for urgent reform of the business rates system as Bill Grimsey’s second high street review was published.