Budget
This coverage examines the UK government’s seasonal budget announcements and their implications for the retail sector. Reporting focuses on tax changes, business rates, employment policies, and economic forecasts that directly affect retailers, brand managers, and executives. With analysis tailored to commercial strategy, the insights help professionals assess how fiscal policy shapes retail operations, profitability, and investment decisions.
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Oct- 2018 -29 OctoberGovernment
Autumn Budget 2018: Business rates cut for SMEs and new digital services tax
Chancellor Philip Hammond has confirmed plans to give smaller retailers a 33% cut to business rates and introduced a new digital services tax for companies with at least £500m in global revenue. The reduction in rates will take place over the next two years and is expected to save businesses…
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24 OctoberAdvice
Four golden rules for influencer marketing in retail
Influencer marketing has come under fire recently, with some brands publicly moving away from the influencer market and other major companies, like Unilever, calling for more transparency across the board and P&G actively investigating. The fraud risk from fake followers (as much as 78% for the Ritz-Carlton hotel group influencers,…
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18 OctoberEconomy
Retail sector ‘to face £186.45m business rates increase next April’
Retail firms will see business rates increase by £186.45 next April for the year 2019/20, according to real estate advisor Altus Group. September’s Consumer Prices Index (CPI) measure of inflation, announced on 17 October at 2.4% will determine business rate rises in England for the next year. It is its…
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4 OctoberFeatures
Ten retailers defying high street blues in 2018
This year will likely go down in history as a turning point for high street retail in the UK, with a slew of firms going under, announcing job losses, store closures, or just going under completely. We have put together a list of those which, despite the blues, are making…
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Sep- 2018 -14 SeptemberDepartment Stores
John Lewis Oxford Street flagship sees business rates rise 57% in a year
John Lewis’ flagship on Oxford Street, London is expected to see its business rates tax rise from £12.68m to £19.91m up 57% compared with last year’s revaluation. According to real estate advisor, Altus Group, the Oxford Street store alone will pay £41.04m in business rates over the four years of…
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Aug- 2018 -13 AugustHigh Street
Retail footfall down 0.8%, shopping centres continue to suffer
Retail footfall fell by 0.8% in July when compared to the same time last year, despite the high street again seeing a slight rise. The figures from the British Retail Consortium (BRC) and Springboard show that high street footfall increased by 0.3% which was the third consecutive month of growth.…
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Jul- 2018 -5 JulyHigh Street
Primark defies high street strife with 6% sales boost
Budget fashion retailer Primark has reported a 6% increase in sales in the 40 weeks to 23 June compared with the previous year. Associated British Foods (ABF), which owns Primark, said growth was driven by increased retail selling space in the UK and abroad, and as a result of “better…
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Jun- 2018 -4 JuneAdvice
Retail and ROI: how to minimise cost and maximise value
In the current retail environment, major players all over the UK are closing stores – including House of Fraser, New Look, and Marks & Spencer. Given this state of affairs, it’s more important than ever before for retailers to maximise their marketing investment for greater return on investment (ROI). And…
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Apr- 2018 -16 AprilEconomy
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017 Business Rates Revaluation, according to Colliers International, the global commercial real estate agency and consultancy. Ten of those have happened since the beginning of this year – in the last…
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Feb- 2018 -12 FebruarySupermarkets
Tesco budget store launch rumoured ‘to take on Aldi and Lidl’
Tesco is rumoured to be working on a secret plan to launch a new budget supermarket brand, reports suggest.According to The Sunday Times, it is the supermarket giant’s attempt to take on Aldi and Lidl, which were recently named as the UK fastest growing food stores. Figures from market researcher…
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