Business Rates

Inflation falls for second consecutive month to 6.8%

Inflation fell for the second consecutive month in July to 6.8%, down from 7.9% in June, as the energy price…

Read More »

Falling inflation may be halted as Russia pulls out of grain deal, BRC warns

The British Retail Consortium (BRC) has warned that falling inflation is likely to slow after Russia withdrew from the Black…

Read More »

UK loses 6,000 storefronts in five years

The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to…

Read More »

Small businesses to be offered rent-free stores on Oxford Street

Westminster City Council has partnered with New West End Company to launch a new programme called Meanwhile On: Oxford Street,…

Read More »

UK retail sales rise 5% in June

Total retail sales in the UK were up 4.9% in June, compared with a 1% decline in June 2022, according…

Read More »

Heatwave dampens June footfall

Footfall fell -1.9% in the five weeks from 28 May to 01 July 2023 as hot weather meant that shoppers…

Read More »

Currys axes dividend as full-year profits slump

Currys has scrapped its dividend after revealing both profits and sales fell in its full-year results, with the group hit…

Read More »

Amazon UK tax bill rises to £781m

Amazon has reportedly paid £781m of tax in the UK last year despite its main UK division having paid no…

Read More »

Westminster calls for landlords to end Oxford Street candy shop leases

Westminster City Council is taking its campaign against US-style candy and souvenir stores further by appealing directly to freeholders and…

Read More »

Scottish shops report 10% decline in business rates

Scottish shops have seen a 10% drop in business rate bills, following a revaluation from the beginning of last month.…

Read More »