All Business rates articles – Page 24
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NewsTreasury considers business rates rethink as pressure from retailers grows
The Treasury is studying ways to reduce the burden of business rates as the Government comes under pressure from retailers ahead of this month’s Budget.
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NewsStore closures surge tenfold in 2012 driven by retail administrations
An unprecedented level of large-scale retail collapses pushed the number of store closures among multiple retailers up tenfold in 2012.
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OpinionComment: It’s time to ease business rates as stores stand empty
The latest stats on shop vacancy rates showed a gulf where high streets and shopping centres are thriving and those looking gap-toothed.
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AnalysisMaplin boss John Cleland on expansion, strategy and business rates
Maplin chief executive John Cleland speaks to Retail Week about his life working in retail.
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AnalysisAnalysis: The retailers’ pursuit for favourable UK lease terms
Fashion giant H&M is reported to have challenged the status quo last year with a hefty set of lease demands. How will landlords respond?
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NewsThe Entertainer to open first overseas stores in Pakistan and Dubai
Toy retailer The Entertainer is to open its first overseas stores in Pakistan and Dubai as it builds on its UK expansion.
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NewsGrowth stunted as retail business costs rocket £20bn in seven years
The cost of running retail businesses has soared by £20bn since 2006, driven by centrally set costs such as business rates.
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NewsShopper numbers plummet in January as snow hits footfall
Footfall fell 4.6% year on year in January as heavy snow deterred people from shopping, representing the weakest footfall figure recorded since last April, when shopper numbers declined 6.9%.
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NewsUK property tax is among highest levels across the world
UK retailers pay a disproportionately high level of tax on property, including onerous business rates, compared with their global counterparts says research commissioned by BRC.
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NewsBusiness rates hike to put creation of 14,500 jobs at risk
The creation of up to 14,500 new retail jobs is under threat if the Government implements its planned 2.6% business rates hike in April, according to estimates.
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News'Midsummer murder' for retailers if Government pushes back rates revaluation
Retailers face a “midsummer murder” if the Government presses ahead with a postponement to business rates revaluation by two years.
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OpinionComment: Government 's business rates appeals backlog must be tackled
It is clear that the retail sector is under pressure, whether it’s because another retailer is heading into administration or the impact of the rapid rise of etail on high streets.
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NewsTheo Paphitis backs campaign to freeze business rates
Retail entrepreneur and star of Dragons’ Den Theo Paphitis is backing the Retail Week and British Retail Consortium (BRC) campaign urging the Government to freeze business rates.
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NewsHalf of retailers expect to shed jobs ahead of retail rates hit
Retailers are to axe staff as cost pressures including business rates eat into their profits according to the British Retail Consortium-Bond Pearce Retail Employment Monitor.
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NewsBusiness rates appeal backlog pushes retailers to the brink
Retailers have called for Government to deal with a backlog of business rates appeals, warning that a delay in refunds could put store groups out of business.
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NewsFootfall declined 1.2% in December as shoppers made fewer high street trips
Footfall across the UK fell 1.2% year-on-year in December as shoppers took fewer trips to high streets, shopping centres and out-of-town retail parks.
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NewsThe Government is urged to back retail as failures begin to mount
Pressure is mounting on the Government to ease the burden of business rates following the collapse of high street retailers Blockbuster, Comet, HMV and Jessops in recent weeks.
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OpinionComment: Retailers need help from Government to prevent more casualties
As the sales figures are assessed post-Christmas, a number of retailers have done well but for others the sums have failed to add up.
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OpinionComment: What to watch out for in 2013
This year won’t be an easy ride for retailers, but there will still be winners.
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NewsBRC boss tells retailers to keep fighting for fair rates
The British Retail Consortium’s (BRC) new director-general Helen Dickinson has urged retailers to keep fighting for fairer business rates, despite the Chancellor shunning the issue in his Autumn Statement last week.