Business Rates

Sainsbury’s, M&S and Currys call for business rates freeze

Supermarket retailers such as Sainsbury’s, M&S and Currys have urged the chancellor to freeze business rates for all retail businesses…

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Today’s news in brief-8/11/23

JD Sports is facing scrutiny over a £3.5m non-compete deal with its former CEO, Peter Cowgill. This agreement, signed in…

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BRC welcomes government pledge to bring down inflation

The British Retail Consortium (BRC) has welcomed the government’s pledge to bring down inflation as outlined in the King’s Speech…

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Today’s news in brief-7/11/23

Fast fashion brand Shein has reportedly expressed interest in acquiring Topshop. This comes shortly after the acquisition of Missguided and…

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October retail sales slow as consumers delay Christmas spending

Total UK retail sales increased by 2.5% in October, against a growth of 1.6% in October 2022 as consumers delay…

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October washout sees footfall drop 5.7% in October

Footfall decreased 5.7% in October as wet weather negatively impacted consumers’ willingness to visit UK highstreets, according to the latest…

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Shop price inflation reaches lowest point since August 2022

Shop price annual inflation has dropped to 5.2% in October, down from 6.2% in September, reaching its lowest point since…

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Retail sales drop in September as demand for household goods wanes

Retail sales have fallen by 0.9% in September, following a rise of 0.4% in August 2023, according to the new…

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UK footfall decreases 2.9% in September, BRC says

Total UK footfall decreased by 2.9% in September (YoY), down from -1.6% in August, according to new data from the…

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Today’s news in brief-05/10/23

Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT…

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