Business Rates

Oxford Street American candy store numbers drop amid council crackdown

The number of American candy stores on Oxford Street has dropped from 29 to 21 following a crackdown by Westminster…

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Today’s news in brief-28/09/23

Rami Baitiéh will take over as Morrisons’ new CEO from November, succeeding David Potts, who has held the position for…

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BPF calls for extended empty rates relief

The British Property Federation (BPF) has called on the government to extend the business rates relief for empty properties to…

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John Lewis boss calls for review into town centres amid looting fears

The boss of John Lewis has warned that high streets could become a “looting ground” for criminals if change is…

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Retail leaders call for business rates freeze

Leaders of major retail businesses have written to chancellor Jeremy Hunt calling for a freeze in business rates in the…

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Ann Summers plans expansion amid strong FY results

Ann Summers has seen its turnover rise by 7.4% to £100.1m in the year ended 25 June 2022, with plans…

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Superdry falls to £148m loss in FY23

Superdry swung to a loss of £148.1m in the year ended 29 April, down from a profit of £22.4m the…

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The Works revenues up 5.8% in FY23 despite ‘challenging’ backdrop

The Works’ revenues increased by 5.8% to £280.1m for the year ended 30 April 2023, up from £264.6m in FY22,…

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Clintons to shut 38 stores as part of restructuring plan

Clintons is reportedly set to close 38 stores in a bid to stave off its collapse for at least 12…

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Shop price annual inflation slows to 6.9% in August

Shop price annual inflation decelerated further to 6.9% in August, down from 7.6% in July, the BRC has said.  The…

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