Business Rates

Scottish retailers’ rates bills to rise by £31m, the SRC says

Shops in Scotland will see their annual business rates bills rise by £31m from next week, the Scottish Retail Consortium…

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Today’s news in brief-7/3/24

The British Retail Consortium (BRC) criticised Chancellor Jeremy Hunt’s Spring Budget, stating that it lacked initiatives to boost investment and…

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Budget will ‘do nothing to turbocharge investment’, says BRC

The British Retail Consortium (BRC) has stated that the latest Budget announcement will “do nothing to turbocharge investment and growth…

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Chancellor cuts NI by a further 2p as part of Spring Budget

Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…

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Retail sales underperform in February

UK total retail sales rose by 1.1% year-on-year during the four-week period ended 24 February, against a growth of 5.2%…

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Today’s news in brief-4/1/24

M&S emerged victorious against Michael Gove’s decision to block its redevelopment plans for its Marble Arch flagship branch. The High…

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M&S CEO calls for business rates and apprenticeship levy reform

M&S CEO Stuart Machin has publicly called for Chancellor Jeremy Hunt to introduce reforms to business rates and the apprenticeship…

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Shop price inflation drops to 2.5% in February

Shop price annual inflation eased to 2.5% in February, down from 2.9% in January, new figures from the BRC have…

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Currys shareholder Redwheel warns of stock market decline

Currys’ largest shareholder, Redwheel, has warned that more foreign firms will begin to circle London companies after the electronics retailer…

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Angling Direct sees group revenues rise to £81.7m

Fishing tackle retailer Angling Direct has reported a 10.2% increase in revenue to £81.7m for the year ended 31 January…

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