Budget

Bank of England cuts interest rates to help combat coronavirus impact

The Bank of England has cut UK interest rates back down to the lowest level in history to help mitigate…

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Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak

Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for…

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February retail sales hit by poor weather and Coronavirus concerns

Total in-store retail sales declined by 0.9% in February, according to BDO’s monthly High Street Sales Tracker. The accountancy firm…

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Retailers suffer ‘stuttering start’ to 2020

Retailers saw a slow start to the year as total sales increased by only 0.4% in January, against an increase…

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Aldi opens new £64m distribution centre

Budget supermarket Aldi has opened a new £64m distribution centre in Sawley, Derbyshire. The site, which spans over 600,000 sq…

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Retail sales fall flat for third consecutive month, CBI finds

Retail sales volumes were flat for the third consecutive month in the year to January with no growth expected next…

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December online retail sales surge 9.4%

UK online retail sales growth spiked by 9.4% year-on-year in December 2019, according to the latest IMRG Capgemini Online Retail…

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Conservatives pledge business rates review

The Conservative Party has pledged a business rates review which aims to “reduce the burden” on UK businesses, as part…

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Retail sector could face £137m rates hike next year

September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…

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BRC ‘disappointed’ with business rates relief in Queen’s speech

The British Retail Consortium has responded to the Queen’s speech, praising its approach to crime and sustainability but was “surprised…

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