Business Rates
This coverage examines business rates policy and its implications for the UK retail sector. Reporting focuses on government decisions, reforms, rate relief measures, and their impact on store operations, profitability, and investment decisions. Tailored for retail executives and managers, it provides analysis to help navigate costs, advocate for change, and plan effectively in response to fiscal pressures.
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Nov- 2025 -28 NovemberEconomy
Half of Britons say Budget leaves them worse off, YouGov finds
Britons view the 2025 Budget as unfair and unaffordable, with only a small minority believing the measures will leave the country or their own finances better off, according to new YouGov polling. Half of those polled say the measures will leave the country worse off, with 50% saying the same…
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27 NovemberEconomy
Budget reaction: Retail split as business rates and import rules shift
The retail industry has labelled the Autumn Budget as a “mixed bag” for retail, offering relief for many shops, but bringing in new costs for others Chancellor Rachel Reeves delivered Labour’s first Autumn Statement, outlining permanent business rates reductions for 750,000 retail, hospitality and leisure businesses and confirming new customs…
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26 NovemberEconomy
Budget business rates plan ‘an attack on London and the Southeast’, says Colliers
Business rates changes announced in the November Budget 2025 amount to “an attack on London and the Southeast”, according to Colliers, which said most of the firms facing higher charges under the new system are based in the two regions. The comments came as the government confirmed that overall business…
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11 NovemberHigh Street
Retail sales slow in October as shoppers hold off for Black Friday
UK retail sales rose by 1.6% year on year in October, down from growth of 0.6% a year earlier and below the 12-month average of 2.1%, according to the British Retail Consortium (BRC) and KPMG. Food sales increased by 3.5% in October, matching the 12-month average and up from 2.6%…
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10 NovemberSupermarkets
Co-op to open 50 new stores before Christmas
Co-op has revealed plans to open more than 50 new or transformed stores across the UK before Christmas. The openings, which takes Co-op’s investment to more than £200m over 2024/25 in over 200 new and transformed stores, are a variety of formats and locations. As part of the 50, Co-op…
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7 NovemberEntertainment
Footfall drops for sixth consecutive month as shoppers await Budget impact
Retail footfall across the UK fell by 0.7% year on year in October, marking the sixth consecutive monthly decline as shoppers remained wary ahead of a possible tax-raising Budget, according to new BRC-Sensormatic Solutions data. Although footfall continued to remain down, the four-week period to 1 November showed an improvement…
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Oct- 2025 -30 OctoberHigh Street
West End festive sales expected to rise 1.3% to £1.7bn
London’s West End is expected to post a 1.3% rise in festive season sales this year, with total spending over November and December forecast to reach £1.7bn, according to the New West End Company. The business partnership said flight bookings to London across the two months were up 2.8% on…
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28 OctoberHigh Street
Rates hike threatens 500 big high street outlets, trade bodies warn
UKHospitality and the British Retail Consortium (BRC) have called on the government to exempt hospitality and retail outlets from a proposed business rates surcharge that would apply to 5,000 high street properties with a rateable value above £500,000. The trade bodies warned that around 500 premises could be at risk…
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28 OctoberEconomy
Shop price inflation slows to 1% in October amid retailer discounting
Shop price inflation eased to 1.0% year on year in October, down from 1.4% in September, as competition led to widespread discounting, according to the latest British Retail Consortium (BRC) figures. The rate was marginally below the three-month average of 1.1%. It comes as Non-food prices fell by 0.4% year…
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27 OctoberSupermarkets
Supermarkets urge chancellor to drop new rates surtax
Nine of Britain’s biggest supermarket chains have called on chancellor Rachel Reeves to exclude large retail stores from the government’s proposed business rates surtax, warning it would add pressure to food prices. The letter, organised by the British Retail Consortium (BRC), was signed by the heads of Aldi, Asda, Iceland,…
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