All Business rates articles – Page 3
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News
‘No comfort’ for retailers in ‘missed opportunity’ Budget
The Budget has been met with a largely tepid reaction from retailers and industry bodies, after the chancellor failed to address several important issues.
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Interview
Interview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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News
Government announces transitional relief scheme for business rates
The government has unveiled a transitional business rates relief scheme, a freeze on multipliers and increased support packages, but the next revaluation of rates will go ahead in April 2023.
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News
Tesco, Sainsbury's and M&S bosses call for business rates freeze
The bosses of some of the UK’s biggest retailers have urged chancellor Jeremy Hunt to freeze business rates as part of his autumn statement this week.
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News
New stores recovery threatened by £800m business rates rise
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.
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News
Shop prices hit new records as retail calls for business rates freeze
Shop prices hit record highs in September as retailers looked ahead to the next business rates revaluation with trepidation.
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News
Retail welcomes return of tax-free shopping despite bitter rates disappointment
Representatives of the sector have welcomed the reinstatement of tax-free shopping for tourists as a boost for UK retail’s competitiveness in a bleak economic climate.
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Analysis
Retail’s wish list for new prime minister Liz Truss
Liz Truss has been named as the new leader of the Conservative party – and the UK’s 56th prime minister – following a fractious two-month contest.
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News
Truss plans to cut business rates in face of energy crisis
Conservative leadership candidate Liz Truss has been in talks with industry lobbyists over plans to slash business rates
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Analysis
PM for a day: What M&S, Co-op and AO’s leaders would do in the top job
As Rishi Sunak and Liz Truss challenge each other for leadership of the Conservative Party and the country, all eyes are on them for solutions to pressing problems such as the cost-of-living crisis.
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News
Retailers call for ‘urgent action’ on business rates from Sunak and Truss
The Retail Jobs Alliance, which includes many big retailers, has urged Conservative and prime ministerial contenders Rishi Sunak and Liz Truss to address the “unsustainable burden” of business rates
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News
Retail calls on Truss and Sunak to address business rates failings
The British Retail Consortium has written to both Conservative leadership contenders to outline the sector’s concerns ahead of the ballot result on September 5.
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News
Sunak pledges to ‘save the high street’ with revitalisation plan
Prime ministerial contender Rishi Sunak has unveiled a plan to “save the high street”, as he battles for the Conservative leadership.
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News
Shop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.
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News
Transitional relief will cost retailers £1bn as Frasers boss calls for ‘hard and deep’ cuts
The British Retail Consortium has warned transitional relief could cost retail £1bn over the next three years, as Frasers boss Michael Murray called for drastic government action.
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Opinion
‘Retailer focus is on how to help customers caught in cost-of-living crunch’
At a time of unprecedented national and global challenges, retailers are determined to support their people and their customers, writes British Retail Consortium chief executive Helen Dickinson.
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Opinion
Business rates and online sales tax – reviews and rows but what hope of a resolution?
As retailers battle the increasing costs of doing business, they still bear one of their longest-suffered and biggest burdens – business rates.
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News
Apple’s UK stores paid only £800,000 in tax despite surging sales
Apple’s retail division paid just under £800,000 to HMRC, after utilising a stock option scheme loophole to minimise its tax burden.
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Opinion
Theo Paphitis: ‘After Boris, we need a leader who’ll support business, not f**k business’
The to-do list for the next prime minister is long and urgent – they must be a serious candidate capable of governing like a grown-up, writes Theo Paphitis.
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Opinion
In pictures: ‘A tribute to a remarkable man and a social history of local retailing’
On Christmas Eve 2019, Maurice Dorfman flipped the sign on his haberdashery shop door to ‘closed’, just as he, and before him, his parents, had on 60 previous Christmas Eves. This time he would never flip it back. He died two months later, at the age of 87.