All Policy & legal articles – Page 142
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OpinionComment: We must ease the bumps in business rates to protect local shops
The Government in committed to seeing healthy high streets and a thriving retail sector in Britain.
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OpinionComment: The High Street: Who really cares?
This week the government have announced the formation of the Distressed Retail Property Taskforce (DRPT) to try and find ways of rejuvenating towns and cities – about time we say!
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NewsRates revaluation delay to be subject of Westminster Hall adjournment debate
Rochdale MP Simon Danczuk is to lead a Westminster Hall adjournment debate in Parliament today when he will attack the Government’s proposal to delay next year’s business rates revaluation.
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NewsTaskforce created to tackle ailing high streets
Senior representatives from retail, banking, property and local government have come together to create a new taskforce that has been set up following recommendations made in the Portas Review to revive high streets.
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News
UK economy emerges from recession
The UK economy emerged from recession in the three months from July to September, giving retailers a glimpse of hope that consumer sentiment is climbing.
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OpinionComment: Recession should drive overseas growth
From recession to secession is more than just a direct alphabetical sequence.
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OpinionComment: Postponement of rates revaluation piles more pain on retailers
For the second time in three days, the Government has put a rates-shaped hole in retailers’ hopes that the business climate might be getting that little bit easier.
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OpinionComment: Time to say enough is enough on rates burden
Retailers faced up to a grim reality this week. They now know the financial blow they will take as a consequence of the Government’s policy to link business rates to September’s RPI.
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NewsGovernment postpones business rates revaluation to 2017
The Government has been accused of delivering a “further blow to the country’s struggling high streets” by postponing the revaluation of business rates from 2015 to 2017.
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NewsRetail chains closed 20 stores a day in first half of 2012
Retail chains closed an average of 20 stores each day in the first half of 2012, accelerating the rate of high street closures as hard-hit retailers struggle to operate in the current economic climate.
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OpinionComment: Join our push for business rates freeze
There is nothing sexy about business rates. They don’t have much globe-trotting glamour and perhaps that is part of the problem.
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OpinionComment: There must be a fairer way of setting business rates for retailers
Given the current state of the market, some of Britain’s leading retailers have called on the government to freeze business rates next year – and can you blame them?
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OpinionBlog: Government should listen to retailers on business rates
Retailers’ fears have been realised as today’s inflation rise of 2.6% could lead to an extra burden of £175m in business rates costs.
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NewsRetailers face £175m business rates bill as inflation rises 2.6%
Retailers face a £175m business rates bill next year as the Retail Prices Index (RPI) measure of inflation rose 2.6% in September.
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NewsCardiff supermarkets to face £75 dumped trolley fine
Supermarkets in Cardiff could be charged £75 for every abandoned shopping trolley, as the number dumped in the city has increased following the introduction of a 5p charge for plastic bags in Wales.
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NewsRetailers wait for news on £200m rates burden
Retailers will learn whether they face an extra £200m business rates cost burden on Tuesday when inflation figures are revealed.
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NewsM&S boss Marc Bolland urges Government to give more support to high streets
Marks & Spencer chief executive Marc Bolland has said high streets need more Government support if they are to survive.
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NewsSainsbury’s King hits out at Government ‘shares for rights’ scheme
Sainsbury’s chief executive Justin King has hit out at the Government’s plan to allow staff to surrender their employment rights in return for shares in their company.
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OpinionComment: Tesco UK recovery likely to accelerate
Tesco boss Philip Clarke will not have thanked the way the financial stars aligned this week to bring Tesco and Sainsbury’s results on the same day, albeit for different reporting periods.
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AnalysisAnalysis: Retailers rally for 2013 business rates relief
Steep increases in business rates are hurting retailers in the tough trading climate. Tiffany Holland reports on Fair Rates for Retail, our campaign for a rates freeze next year.
