Business Rates

Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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Jeremy Hunt to review tourist tax ahead of Budget

Chancellor Jeremy Hunt has reportedly asked the Office for Budget Responsibility to look at whether the scrapping of VAT-free shopping…

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Shop price inflation drops to lowest level since 2022

Shop Price annual inflation eased to 2.9% in January, down from 4.3% in December, marking the lowest level since May…

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M&S ‘top performing’ grocer over Christmas period

M&S has revealed that it was the top performing grocer in volume growth terms over the Christmas period and the…

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Festive period fails to boost retail sales, BRC finds

Total retail sales in the UK rose by only 1.7% in December, against a growth of 6.9% the prior year,…

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120,000 retail jobs lost in 2023

Almost 120,000 retail employees lost their jobs in 2023 after more than 10,000 shops shuttered over the year, according to…

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Shop price inflation flatlines in December

The annual shop price rise was slower than the three-month average rate of 4.6% at 4.3%, the lowest since June…

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UK inflation falls to two-year low of 3.9% 

UK inflation has fallen to 3.9% in the year to November, the lowest level seen in two years, according to…

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Today’s news in brief-15/12/23

Amazon has emerged victorious in a £215m tax dispute with the EU Commission. The European Court of Justice dismissed the…

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Currys boss criticises gov’s minimum wage plans

Currys CEO Alex Baldock has accused the government of not caring about the retail industry after claiming its decision to…

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